Ford CEO sounds the alarm on Trump tariff 'chaos'
President Trump, soon after unveiling new levies on steel and aluminum, said he will be "looking at" potential tariffs on the auto sector.
Ford Motor shares moved lower in early Tuesday trading, extending their long and painful slide over the past three years, after President Donald Trump unveiled new tariffs and warned they could be extended into the broader auto industry.
Trump told reporters in Washington late Monday that he would increase tariffs on steel and aluminum imports to 25%, "without exceptions or exemptions," starting on March 12.
