Ford CEO says $2 billion in tariff costs prevents more US investments

The cost of tariffs is weighing heavily on Ford (F). "I mean, it's frustrating 'cause we're the most American auto company, and we export the most, and yet, we have this $2 billion headwind, which prevents me from investing even more in the US," Ford CEO Jim Farley told Yahoo Finance at Ford's Pro Accelerate conference in Detroit. Farley said imported parts — such as wiring looms, fasteners, sensors, and brake components — are sourced from countries like China, Canada, Mexico, Japan, and South Korea. Tar ...