Ford Motor CEO Jim Farley announces the automaker's new BlueOval Battery Park in February 2025. Carlos Osorio/AP hide caption
toggle caption Carlos Osorio/AP
When President Trump announced this week that he would ease some tariffs on American automakers, the top executive at Ford Motor Co. said that he "welcomes" the move and that American consumers didn't need to worry about the company raising prices until the summer.
"Ford is the most American company," CEO Jim Farley told NPR on Wednesday. "We make 80% of what we sell in the U.S. here. And so the tariffs, for us, are a bit different than the [auto] industry."