Ford thanked Donald Trump on Thursday for the most recent tariff measures adopted by the US, which, he said, have reduced the impact of tariffs to $1 billion this year, half of what was initially planned.
In a conference call with analysts and journalists, Ford president and CEO Jim Farley thanked the president of the United States for “the recent announcement on tariff policy, which is favorable to Ford, as the most American automaker.”
Farley explained that the company will be able to offset tariffs on imported parts thanks to the volume of its production in the US.
“In addition, tariffs that level the playing field against imported medium and heavy trucks are positive for Ford, because we are no longer at a disadvantage by manufacturing all of our Super Duty models here in the United States,” he added.
Ford managers estimate that the proclamation made last Friday by Trump, which will maintain until 2030 the credit of 3.75% of the sales value of vehicles assembled in the United States to alleviate the burden of tariffs, will mean a saving of 1 billion dollars that will be reflected in the financial results of the last quarter of 2025.
In 2026, the measure will provide the company with a similar benefit of about $1 billion.
Learn more: GM and Ford thank Trump for imposing tariffs on trucks from Mexico and Canada
Ford also hopes to benefit from another of the Trump Administration’s measures, the easing of regulations that limit gas emissions and pollutants to reduce gasoline consumption, which will make vehicles with combustion engines more attractive.
Farley noted that the company will adjust its production of gasoline and electric vehicles in light of the changes expected to be known in early 2026.
Regarding the shortage of chips supplied by the Chinese manufacturer Nexperia to the automotive sector and on which Ford, like other manufacturers, depends, Farley declared that it is “a political problem.”
“I was in Washington DC yesterday and this issue was on the minds of all the government officials I met with. They are very aware and are working to solve it,” he said.
“A quick solution is necessary to avoid production losses in the fourth quarter for the entire sector,” he concluded.
The problem with Nexperia’s products arose when, at the behest of Washington, the Dutch government took control of the Chinese semiconductor producer over the possible transfer of sensitive technology to its parent company, Wingtech.
With information from EFE.
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