"[...]US President Donald Trump's tariff threats and animosity towards electric vehicles are producing a "lot of cost and a lot of chaos" for Ford, the automaker's chief executive Jim Farley said on February 11. Farley said that Trump's tariff threats have created an atmosphere of "policy uncertainty". Farley described Trump's initial plan to enact 25 per cent tariffs on Mexico and Canada as a disaster for the US companies that operate across the region while providing an unfair advantage to European and Asian automakers that also export to the United States. Trump last week suspended the tariffs for 30 days following concessions from Mexico and Canada. But they have not been removed as a possibility.[...]"
New Energy Vehicles (NEVs) in China
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