Ford CEO dismisses Transportation Secretary's China reliance accusations
Ford CEO Jim Farley said Transportation Secretary Sean Duffy's claims that the automaker depends on China were "basic misunderstandings" and rejected proposals to ease Chinese joint ventures. Earlier, Duffy had sent Farley a letter urging the company to cut reliance on Chinese technology and manufacturing, citing national-security and job concerns. The U. S.
Department of Transportation also voiced worries about Ford's collaborations with Chinese firms, highlighting potential risks to the automotive supply chain and domestic production. These remarks came after a series of warnings from the Transportation Department that Ford's partnerships with companies such as CATL, Geely and BYD could threaten U. S. automotive manufacturing and supply-chain security.
