Ford says tariffs makes US steel costliest in the world

DEARBORN, Mich. — Ford Motor Co. is escalating its criticism of the administration’s metals tariffs that the company has already said took a $1 billion bite out of profit, reported Industry Week.

“U.S. steel costs are more than anywhere else in the world,” Joe Hinrichs, Ford’s president of global operations, said on Oct. 22 at an event marking the start of Ranger pickup production at a factory west of Detroit.

He added that Ford is talking to the administration about the tariffs. “We tell them that we need to have competitive costs in our market in order to compete around the world.”

Read the full article at Industry Week.

Ronnie Wendt

Ronnie Wendt

Ronnie Wendt has been a writer/editor for more than 25 years, working in law enforcement, aviation, supply chain and the RV industry. She's not a stranger to RVs, however. She grew up camping, and still camps as many weekends as she can every year. She is the owner of In Good Company Communications and can be reached at ingoodcompanycommunications@gmail.com.

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