The American auto industry is on the verge of a financial disaster. With new tariffs of up to 100% looming on vehicles and parts from Mexico and Canada, Ford and GM are scrambling to avoid billions in losses, skyrocketing car prices, and potential factory shutdowns. Ford CEO Jim Farley calls it "chaos", warning that these tariffs could cripple the industry, while GM’s Mary Barra is rushing to stockpile vehicles before the new policies take effect. With supply chains disrupted, costs soaring, and foreign automakers like Toyota and Hyundai gaining a massive advantage, this could be the biggest shake-up in automotive history. Can Ford and GM survive this crisis? Will American car prices skyrocket? Could this open the door for Chinese EV makers to dominate the U.S. market? Watch now to uncover the full impact of this game-changing economic shift. Subscribe to stay ahead of the biggest stories shaping the auto industry.
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Trump offers tariffs of up to 100% on vehicles and components from Mexico and Canada, which could destroy the automotive industry's supply chains. • These tariffs are compared to the oil crisis of the 1970s, with potentially devastating consequences for Ford and GM. youtu.be/6--DGdewn8A
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