Ford and GM Seek Tariffs on Each Other, Consumers Want Neither
4 Articles
4 Articles
Ford has advocated for raising tariffs on South Korean automobiles in the U.S. to counter GM's small cars produced in Korea. Coupled with U.S. protectionism, this situation is raising concerns within the industry, as it could pose a potential threat to the export competitiveness of the entire domestic automotive sector, including Hyundai Motor, to the U.S.
Ford and General Motors are openly opposing the effects of US trade policies. But behind the scenes, they are competing for rules that would suit their production. The dispute is over tariffs, car imports and Chinese batteries.
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