Ford's CEO says Trump's tariffs are causing chaos and could be devastating to the auto industry
1. Jim Farley warns Trump's tariffs will devastate Ford and the auto industry. 2. Tariffs give South Korean, Japanese, and European automakers an advantage. 3. Farley states 25% tariffs would create unprecedented damage for the U.S. auto industry. 4. Ford has complied with USMCA but fears long-term tariff impacts will raise prices. 5. The auto industry faces chaos and increased costs due to current trade policies.