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Ford CEO: Trump's Tariff Suspension Offers Relief, Yet Further Reforms are Crucial
2025-05-01 /
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Author：小编
On Tuesday, United States President Donald Trump issued an executive order to temporarily halt tariffs on automotive components and offer reimbursement to American producers of imported auto parts, with the objective of bolstering the domestic auto industry. The following day, Ford Motor Company CEO Jim Farley acknowledged the beneficial aspects of this measure but emphasized that more comprehensive changes are imperative. Trump's executive order is designed to incentivize automakers to source more parts from the US, alleviate the build-up of internal tariffs within the industry, and soften the blow of tariffs on automakers, suppliers, and consumers alike.
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