US Jobs Too Important To Risk Chinese Car Imports, Says Ford CEO
In an interview with Fox News, Ford CEO Jim Farley warned that allowing Chinese vehicle imports could put nearly a million U.S. jobs at risk. He said China's heavily subsidized auto industry has enough excess capacity to supply the entire U.S. market, while a…
"First of all, the Chinese have huge direct support for their auto companies," Farley said, while noting that China has the ability to build an additional 21 million vehicles a year on top of the 29 … [+1025 chars]