Trump’s tariffs getting support form the auto industry…
During a recent appearance on Varney & Co, Andrew Frick, the president of Ford’s Blue and Model e production, said the historic American car company is in a “good position” — even as Trump tariffs shake the market.
“We assemble more U.S. vehicles and we employ more U.S. hourly autoworkers than any other [original equipment manufacturer]. And we want to do more, not less, here in the U.S.,” Frick said on Friday.
“You know, 80% of what we sell in the U.S. is assembled right here in the United States. And it would be helpful to have certain parts here in the U.S.,” he continued, “and the White House gets that.”
Last week, President Trump announced new tariffs on auto imports during a press conference at the White House, saying he will impose a 25% tariff on all imported autos, up from 2.5% previously.
“We already assemble 80% of our vehicles right here in the U.S., including the F-150,” Frick said, “so relatively speaking, we’re in a good position, but we’re a complex industry, relying on a lot of different suppliers, and we need to ensure that we have the right supply chain ecosystem in place here in U.S. to do so.”
“And we’re working with the administration to get clarity on parts to grow jobs here in the U.S. for us to be able to do that,” he said.
“We’re a very proud American automaker. We’ve been around for 122 years and we are always going to be there for our customers, especially in times of uncertainty,” Frick noted.
“Our ‘From America, for America’ campaign is intended to be there for our customers, which is why we are offering employee pricing. Customers will pay what we pay as an employee,” the president clarified. “We have great inventory on the ground. We are not repricing that inventory. So our customers, if they come in now to a Ford or Lincoln dealer anywhere across the country, we’ll have a great offer for them to come in and buy a vehicle.”
Watch the clip above.
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