Ford’s chief executive says Trump policies may be trimmed

The company’s Chief Executive Officer said on Tuesday that Ford Motor could be forced to launch employees.

Ford has invested heavily in factories to produce batteries and electric vehicles in Ohio, Michigan, Kentaki and Tennessee, Ford CEO Jim Farley said at a conference in New York. If Republican cancels the biden-era laws that allocate billions of dollars in subsidies and loans for projects, Mr. Farley said, “Many of those jobs will be at risk.”

Mr. Farley was also rapidly important for President Trump’s threat to put tariffs on cars and components from Mexico and Canada. Ford produces several vehicles in Mexico, including mavric pickup and mustang Mach-E electric SUV and engine in Canada.

According to a transcript of his comment provided by Ford, “25 percent of tariffs on the Mexico and Canadian border would blow a hole in the US industry, which we never saw.” “It gives free rein in South Korean and Japanese and European companies that bring one and a half million vehicles in the US that will not be subject to the Mexican and Canadian tariffs.”

At the conference, Mr. Farley’s comment, which was organized by Wolf Research, presented a rare example of a corporate executive calling to question Mr. Trump’s policies or statements. In most cases, the authorities have either offered praise or kept calm, apparently out of fear they can revolt from the President.

Even when he raised the issue with specific policies, Mr. Farley praised how Mr. Trump has talked a lot about strengthening our American auto industry, more production or bringing innovation in America “This is especially important, the executive said, the executive said, the executive said, the executive said, the executive said, the executive said. Because there is a “global street fight” in the auto industry as Chinese manufacturers expand abroad.

“If this administration can achieve it, it would be one, I think one of the most signatures achievements is,” said Mr. Farley.

But he said, “What we are seeing so far is a lot of cost and a lot of chaos.”

Mr. Farley’s comments also highlighted a political bizarre that Republican would face as they try to reverse democratic policies designed to promote electric vehicles. Most of the investment in factories is represented by Republican in states and Congress districts, whose constituents will lose their jobs.