Quote:
Originally Posted by dyna mo
couple points.
1. Ford sources 95% of its steel from US steel manufacturers. THEY raised their prices on account of the tariffs and I'm unsure why. Why not is my guess. did the smart people in the room know that's a consequence of a trade war? maybe trump should bail out Ford like he's doing with $5B to farmers?
the other big point imo is from my understanding Ford has been horribly mismanaged for a while now. You don't see GM suffering from the tariffs.
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From 3 months ago
Ford will assume the extra costs associated with the import duties, although most of the vehicles it sells in China are built in local factories | Fox Business
"Ford’s luxury unit, Lincoln, also said it has no current plans for a price increase."