Jim Farley Says Trump Tariffs Eating Into Over 20% Of Ford's Global Profit: Thinks Chinese Companies Are Like 80s Japanese Automakers 'On Steroids' - Ford Motor (NYSE:F)

Ford Motor Co. (NYSE:F) CEO Jim Farley said that President Donald Trump's tariffs have impacted the automaker with over $2 billion in additional costs.Check out the current price of F here.Tariff Cost Over 20% Of Ford's Global ProfitIn an interview with CBS News on Sunday, Farley shared the impact of Trump's tariffs on Ford's production activities. "There are parts, fasteners, wiring looms from other countries," Farley said, adding that the automaker paid over 70% tariffs on some components. "That’s giving ...