Ford CEO Jim Farley did not mince words with Wall Street on Tuesday, describing the impact from a lasting 25% tariff as being "devastating."

U.S. President Donald Trump’s tariff threats and actions are causing “chaos” in America’s automotive industry, says Ford Motor Co. (F) CEO Jim

Ford CEO Jim Farley did not mince words when he said Trump's tariff policy is causing concern and chaos amongst automakers.

Ford CEO Jim Farley said Tuesday that the tariffs, whether enacted or threatened, would be “devastating” for automakers, according to Bloomberg, and a “windfall” for Asian and European competitors who wouldn’t have to contend with the increased cost of production.

Ford Motor CEO Jim Farley met with U.S. lawmakers on Wednesday after raising concerns this week that 25% tariffs on Mexico and Canada would "blow a hole" in the U.S. auto industry.

Business leaders from all corners of the country have expressed cautious optimism about President Trump’s tariff threats, but Ford CEO Jim Farley didn’t mince words when he said the duties could “blow a hole” in the country’s auto industry.

Ford Motor CEO Jim Farley met with U.S. lawmakers after raising concerns that a 25% tariff on Canadian and Mexican imports could severely impact the American auto industry. Farley spoke with Senators Roger Marshall,