On April 9th, South Korean media "Today Finance" published an article stating that in the debate over US President Trump's tariff policies, James Farley, CEO of Ford Motor Company, sided with Elon Musk, CEO of Tesla. Recently, Farley posted on social media that Ford's best-selling F-150 pickup truck is designed, tested, and manufactured in Dearborn, Michigan. He emphasized that "American innovation is the lifeblood of our economy, and its scope extends beyond assembly." 80% of the cars sold by Ford in the U.S. are produced locally.
This article was released as Musk and White House trade advisor Peter Navarro were engaged in a war of words over tariff policies. Navarro targeted Musk, calling him an "assembler, not a manufacturer," and criticized that most of Tesla's components come from Japan and China. Subsequently, Musk openly criticized Navarro and stated that Tesla models were rated as the "most Americanized cars."
There are speculations that Musk may disagree with President Trump's tariff policies. The American automotive industry is also lobbying for the exemption of thousands of parts from tariffs. The Trump administration has imposed a 25% tariff on overseas-produced vehicles and plans to impose the same rate on key components. Bill Ford, chairman of Ford, commented on the relationship between Musk and Trump, saying, "We don't feel threatened because we agree on many issues."
Original source: https://www.toutiao.com/article/1828926118742153/
Disclaimer: This article represents the views of the author alone.