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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: longz who wrote (1550093)	7/31/2025 7:33:28 AM
From: sylvester80	4 Recommendations Recommended By Land Shark pocotrader rdkflorida2 Wharf Rat Read Replies (1) \| Respond to of 1572219

Friend of yours? MAGA CHAMPION WHO SAID trump WOULD FIGHT CHILD PREDATORS IS ARRESTED FOR BEING A CHILD PREDATOR Message 35210093

To: longz who wrote (1550093)	7/31/2025 9:12:58 AM
From: sylvester80	3 Recommendations Recommended By pocotrader rdkflorida2 Wharf Rat Respond to of 1572219

PEDO trump KILLING US AUTO INDUSTRY: Ford said it expects PEDO Trump's tariffs to set it back $2 billion and hand Japanese automakers a 'meaningful' edge Ford said it expects Trump's tariffs to set it back $2 billion and hand Japanese automakers a 'meaningful' edge Story by ktan@businessinsider.com (Kwan Wei Kevin Tan) • 8h • 2 min read In this article FDropping fast Jim Farley, Ford's CEO, said a Toyota 4Runner made in Japan could cost $10,000 less than a Ford Bronco made in Michigan. Tasos Katopodis via Getty Images© Tasos Katopodis via Getty Images Ford is projecting a $2 billion bill because of the Trump administration's tariffs. That's $500 million higher than what it forecast last quarter. Ford's CEO said Trump's reduced tariffs on Japan would give its automakers a "meaningful" advantage. Jim Farley, the CEO of Ford, said on Wednesday that the Trump administration's tariff policy would saddle the automaker with a $2 billion bill while benefiting its Japanese rivals. "Our tariff bill is $2 billion, and that's a net number," Farley said in an earnings call. The company had projected a tariff hit of $1.5 billion in its last quarter. Farley told analysts he expected automakers to adopt a regional rather than globalized approach toward their businesses. In addition to tariffs, Farley said the change was being driven by the rise of electric vehicles and new carbon regulations. "We increasingly see Europe, North America, and Asia becoming kind of regional businesses with tariff rates that are aligned for those three or four regions," Farley said. "This is quite a fundamental change," he added. Representatives for Ford and the White House didn't respond to requests for comment from Business Insider. Farley said in an interview with Bloomberg on the same day that the Trump administration's reduced tariffs on Japan would give its Asian rivals a "meaningful" cost advantage. Last week, President Donald Trump said the US would lower its tariffs on Japan to 15% from 25%. The reduced tariffs, lower labour costs, and favorable exchange rates "really advantage their export," Farley said. A Kentucky-built Ford Escape could cost $5,000 more than a Japanese-made Toyota Rav4, while a Michigan-made Ford Bronco might be undercut by a Toyota 4Runner to the tune of $10,000, Farley added. Farley told Bloomberg that Ford was working with the Trump administration to "minimize our tariff expense so that we can get more competitive." "But the bottom line is our plan at Ford is not to compete in those commodity segments," he continued. This isn't the first time Farley has talked about the challenges Ford faces in the face of a new slate of tariffs. Farley said in an interview with Bloomberg earlier this year that Trump's 25% tariff on Canada and Mexico was a "windfall for South Korean and Japanese companies." "In our guidance, we can handle a couple of weeks of tariffs. If it goes beyond that, obviously, it will be billions and billions of incremental profit headwinds for the company," Farley told the outlet in February. On Wednesday, Ford's shares fell by nearly 1.6% in after-hours trading. The company's shares are up by 9.8% year to date. in market value have been vaporized from the stock markets Current Time 0:07 / Duration 0:59 Business Insider Billionaires turn on Trump after tariffs shake stock market 0 View on Watch If you enjoyed this story, be sure to follow Business Insider on MSN. 34 imported vehicles that could see price hikes under Trump's tariff plan©GM/Nissan/Toyota/Stellantis/Honda/Ford 25% tariffs on goods imported from Canada will take Tuesday. The US reached a deal with Mexico to delay similar tariffs for one month. The automotive industry could be especially affected by import taxes. Tariffs on imports from Canada and Mexico would have broad implications for the auto industry, which relies on a complex supply chain that crisscrosses North America, potentially impacting some of the most po... See more