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'Got to keep the vehicles affordable': US-made cars still heavily dependent on foreign supply chain, says Ford CEO
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Ford CEO Jim Farley warns that President Trump's tariffs on imported auto parts could significantly increase production costs, potentially raising vehicle prices for consumers. Despite Ford's US manufacturing presence, the company relies on foreign suppliers for certain components unavailable domestically. While Ford is working with policymakers, full domestic self-sufficiency remains economically challenging.
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