Ford Chief Executive Says Trump Policies May Lead to Layoffs

Ford Motor may have to lay off employees if the Trump administration ends subsidies for electric vehicle manufacturing, CEO Jim Farley warned at a conference in New York. Farley also criticized President Trump’s proposed tariffs on cars from Mexico and Canada, stating they would harm the US auto industry. Despite commending Trump’s efforts to strengthen the industry, Farley expressed concerns over the potential negative impact of current policies on jobs and industry competitiveness.

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