Ford CEO Jim Farley Calls for Stricter USMCA to Favor Domestic EV Production

Ford CEO Jim Farley is advocating for a revised USMCA trade agreement that would penalize automakers heavily reliant on vehicle imports, particularly from China, while rewarding manufacturers with significant U.S. production. This move aims to bolster American automotive jobs and supply chains, aligning with the Biden administration's broader push for domestic manufacturing in the EV sector. Farley highlights that Ford produces more cars in the U.S. than any other automaker.