• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

3

The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

3

The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
PoliticsAutos

Ford CEO Jim Farley says the White House will ‘always answer the phone,’ but needs Trump to do more to curtail China’s threat to America’s autos

Sasha Rogelberg
By
Sasha Rogelberg
Sasha Rogelberg
Reporter
Down Arrow Button Icon
Sasha Rogelberg
By
Sasha Rogelberg
Sasha Rogelberg
Reporter
Down Arrow Button Icon
January 16, 2026, 3:19 AM ET
Donald Trump and Jim Farley walk next to each other in the Ford factory.
Ford CEO Jim Farley said he has a good relationship with the administration, but wants to advance policy on tariff relief and North American trade.Mandel NGAN / AFP—Getty Images

Ford CEO Jim Farley has the ear of President Donald Trump—and he has a lot to say about what the administration needs to do to support the U.S. auto industry.

Recommended Video

Farley said in an interview with Bloomberg Television on Thursday the White House has been “great” to work with, but has several asks for how the administration can improve trade to bolster U.S. automakers.

“They always answer the phone,” Farley said. “But there is a long list of things we got to work through.”

Trump visited Ford’s Dearborn, Mich., facility on Tuesday, touring production of the F-150 truck factory, in an effort to show support for U.S. manufacturing amid growing concerns of a weak labor market. Even as American carmakers have poured billions of dollars into reshoring jobs and expanding U.S. production, domestic manufacturing jobs have continued to dwindle. Ford is making a $19.5 billion pivot away from some larger electric vehicle production in favor of less expensive and more hybrid models as it navigates lower EV demand and consumers’ affordability concerns. The move follows Trump’s killing an EV tax credit which went into effect at the end of September.

Addressing threats from Chinese rivals

The administration has made an effort to address some of these concerns, according to Farley. He praised Trump’s decision to rollback fuel economy standards and ease some auto tariffs, but said his automaker continues to be impacted by the levies—particularly those affecting aluminum, a common material in auto manufacturing. In February 2025, Farley said the tariffs would cost Ford billions of dollars, all the while serving as a “bonanza” for Asian auto manufacturing competitors.

Indeed, Farley has identified China as a top competitor to U.S. autos, posing an “existential threat,” not just because of the country’s technology prowess, but also in its labor infrastructure that supports manufacturing, explaining last September that American manufacturing is lagging behind Chinese rivals in the “essential economy,” or industries that manufacture physical goods. He called on American businesses and policymakers to invest in building a blue-collar workforce.

Farley said on Thursday China has been able to nab meaningful market share in Europe—as much as 10% in the EV market—as a result of lower prices, which he attributed to Chinese government subsidies.

“They pose a lot of threat to labor locally, they have huge subsidies from the government that they’re exporting,” Farley said. “As a country, we need to decide what is a fair playing field.”

Differing trade deal visions

Chief among Farley’s ongoing concerns was the continuation of the Canada-United-States-Mexico-Agreement (CUSMA), a trade deal that replaced the North American Free Trade Agreement (NAFTA) and which is subject to review this year. It will either be left to expire or be renewed for 16 years.

“We built our entire vehicle business as an industry between Canada, Mexico, and the U.S.,” Farley said. “We have to get this revised.”

While Trump imposed a 25% tariff on autos from Mexico and Canada last year, CUSMA has allowed workarounds for those countries to ease the burden of the levies. Farley said he wants to protect the deal, as so much of the auto industry in North America is interconnected and relies on the openness of cross-border supply chains, which is both efficient and cost-saving.

Trump, who signed the agreement in 2020, has undermined the deal, eschewing the need for cars manufactured in other parts of North America. The president’s most recent criticisms of the agreement came amid comments shortly following his tour of the Ford plant.

“We could have it or not. It wouldn’t matter to me,” Trump said. “I don’t really care about it.”

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Author
Sasha Rogelberg
By Sasha RogelbergReporter
LinkedIn iconTwitter icon

Sasha Rogelberg is a reporter and former editorial fellow on the news desk at Fortune, covering retail and the intersection of business and popular culture.

See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

Los Angeles Mayor Karen Bass seeks reelection following term mired with wildfire and homelessness: ‘I haven’t always got it right’
North AmericaLos Angeles
Los Angeles Mayor Karen Bass seeks reelection following term mired with wildfire and homelessness: ‘I haven’t always got it right’
By The Associated Press and MIchael R. BloodMay 29, 2026
1 hour ago
Recent blocks on Republican bills may showcase a tough time for the party ahead of the midterms
PoliticsRepublican Party
Recent blocks on Republican bills may showcase a tough time for the party ahead of the midterms
By Kevin Freking and The Associated PressMay 29, 2026
2 hours ago
‘Boy, what a team,’ says Trump as Queens native scores an invite to see the New York Knicks in the NBA finals
Arts & EntertainmentDonald Trump
‘Boy, what a team,’ says Trump as Queens native scores an invite to see the New York Knicks in the NBA finals
By Catherina GioinoMay 29, 2026
3 hours ago
jill
MPWElections
Jill Biden on that debate performance: ‘Is he short-circuiting? Is this a stroke?’
By Darlene Superville and The Associated PressMay 29, 2026
3 hours ago
fcc
LawMedia
Disney is calling Trump’s FCC ‘unconstitutional.’ It paid him $15 million 2 years ago
By Steven Sloan and The Associated PressMay 29, 2026
3 hours ago
scott
North AmericaWhite House
Scott Bessent confirms a $250 bill with Trump on it has a prepared design
By Bill Barrow and The Associated PressMay 29, 2026
3 hours ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
8 days ago
As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
Magazine
As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
By Emma HinchliffeMay 27, 2026
2 days ago
The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
Environment
The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
By Dorany Pineda, Brittany Peterson and The Associated PressMay 27, 2026
2 days ago
Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
Banking
Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
By Nick LichtenbergMay 27, 2026
2 days ago
Current price of oil as of May 28, 2026
Personal Finance
Current price of oil as of May 28, 2026
By Joseph HostetlerMay 28, 2026
1 day ago
As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales
Success
As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales
By Emma BurleighMay 28, 2026
24 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.