Ford CEO Jim Farley says the White House will 'always answer the phone,' but needs Trump to do more to curtail China's threat to America's autos | Fortune
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Ford CEO Jim Farley says the White House will 'always answer the phone,' but needs Trump to do more to curtail China's threat to America's autos | Fortune
"Farley said in an interview with Bloomberg Television on Thursday the White House has been "great" to work with, but has several asks for how the administration can improve trade to bolster U.S. automakers. "They always answer the phone," Farley said. "But there is a long list of things we got to work through." Trump visited Ford's Dearborn, Mich., facility on Tuesday, touring production of the F-150 truck factory, in an effort to show support for U.S. manufacturing amid growing concerns of a weak labor market."
"The administration has made an effort to address some of these concerns, according to Farley. He praised Trump's decision to rollback fuel economy standards and ease some auto tariffs, but said his automaker continues to be impacted by the levies—particularly those affecting aluminum, a common material in auto manufacturing. In February 2025, Farley said the tariffs would cost Ford billions of dollars, all the while serving as a "bonanza" for Asian auto manufacturing competitors."
Ford CEO Jim Farley says the White House has been responsive while urging additional policy actions to support U.S. automakers. He praised rollback of fuel economy standards and some tariff easing but said aluminum levies still cost Ford billions and advantage Asian competitors. Ford is shifting $19.5 billion away from larger EV production toward lower-cost and hybrid models amid weak EV demand and consumer affordability concerns. Farley identifies China as an existential competitive threat because of its technology and manufacturing labor infrastructure and calls for measures to protect U.S. industry competitiveness.
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