Ford CEO Jim Farley warns Chinese cars sales in US would be ‘devastating’ to domestic automakers

Business

Ford CEO Jim Farley said Chinese automakers should not be allowed to sell their vehicles in the US – warning the competition would decimate domestic car brands. In his gravest warning yet, the exec argued that the US should maintain its current tariffs of 100% on Chinese carmakers , effectively blocking their vehicles from American roads. “We should not let them into our country,” Farley said during a Monday appearance on Fox News’ “Fox & Friends.”  “Manufacturing is the heart and soul of our