Trump's Tariff Strategy Gains Strong Support from Ford as Job Growth Tops Priorities
In a compelling show of support for President Trump’s recent trade policies, Ford Motor Company has publicly expressed its commitment to U.S. manufacturing amid the President’s new tariff announcements.
Andrew Frick, President of Ford's Blue and Model e production, stated in a recent interview that the iconic American manufacturer is well-positioned to thrive despite the adjustments in tariffs on imported automobiles.
Frick emphasized the company’s dedication to employing more American workers and assembling the majority of its vehicles domestically. “We assemble more U.S. vehicles and we employ more U.S. hourly autoworkers than any other original equipment manufacturer," he remarked confidently.
The backdrop to Frick’s comments includes Trump’s newly announced 25% tariffs on imported automobiles, which marks a significant increase from the previous rate of 2.5%. Frick noted that this strategic shift will further strengthen Ford’s capacity to manufacture in the U.S., contributing to job stability and growth.
While acknowledging complexities in the supply chain, Frick reaffirmed Ford’s focus on strengthening American operations. He highlighted that 80% of their sales in the U.S. are already consolidated with domestic assembly.
This bold position aligns with Trump’s America First agenda, emphasizing the need for car manufacturers to ensure that they rely more on domestic suppliers. It's a clear win for American workers and a step toward reducing reliance on foreign imports.
Ford's commitment exemplifies the positive impact of Trump's tariff strategy on American industry and employment, reinforcing the administration's focus on revitalizing the economy through strong trade policies.
As the market anticipates further developments regarding tariffs, it's clear that the Trump administration's approach is resonating with major industry players like Ford, who see the merit in protecting American jobs and fostering domestic production.
Sources:
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