Ford CEO Farley says Chinese automakers, EVs should be kept out of U.S.

In a move that could have significant implications for the future of trade between the US, Canada, and Mexico, Ford CEO Jim Farley has expressed optimism that keeping certain vehicles out of the American market will have a substantial impact on upcoming negotiations to rework the North American Free Trade Agreement (NAFTA). The comments come as the Biden administration continues to renegotiate the USMCA (United States-Mexico-Canada Agreement), a trade deal that has been a point of contention for several years. Farley's statement suggests that the automotive industry is poised to play a key role in the negotiations, with the CEO's comments highlighting the potential for a more level playing field for American automakers. As the USMCA talks enter a critical phase, Ford's stance is likely to be closely watched by policymakers and industry leaders.

Keeping these vehicles out of America should have a “big impact” on upcoming negotiations to rework the trade deal between the U.S., Canada and Mexico, Ford CEO Jim Farley said.