Why Ford isn’t worried about unprecedented Trump tariffs

News Snapshot:

US President Donald Trump this week imposed tariffs on almost every one of the nation’s trade partners, impacting nearly every industry. That includes the automotive sector, which has complex global supply chains to keep production going. Speaking to media in Australia, Bill Ford – executive chairman of Ford – said his company has less reason to be concerned about the tariffs compared to its competition. Know the news with the 7NEWS app: Download today “First of all, we have the largest American footprint of any OEM, and that puts us in pretty good shape relative to many others,” Mr Ford...