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'Let me take you through the math': Ford CEO on how tariffs could impact vehicle pricing

President Donald Trump signed an executive order and proclamation to ease auto tariffs, but the 25 percent tariff on imported cars remains in place and a new 25% tariff on auto parts will go into effect soon. CNN’s Erin Burnett speaks with Ford CEO Jim Farley about how Trump's tariffs could impact vehicle pricing.

10:35 • Source: CNN
Tariffs and trade 15 videos
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'Let me take you through the math': Ford CEO on how tariffs could impact vehicle pricing
10:35
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US Treasury Secretary Scott Bessent (R) and US Trade Representative Jamieson Greer hold a news conference in Geneve on May 12, 2025, to give details of "substantial progress" following a two-day closed-door meeting between US and China top officials aimed at ending a devastating tariff war. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)
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Here’s what we know about the US-China tariff agreement
0:53
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Fareed Zakaria asks Bill Gates how damaging he thinks Trump’s tariffs are. Hear his response
1:43
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See CEO's blunt reaction after Trump's remark about the steep drop in US trade
1:22
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Here’s what’s in the US-UK trade ‘deal’
1:20
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Economist pours cold water on Trump's trade deal with the UK
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US President Donald Trump meets with Canadian Prime Minister Mark Carney in the Oval Office of the White House in Washington, DC, on May 6, 2025. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)
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See Trump's answer when asked about lifting Canadian tariffs
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Democrat presses Bessent: Who pays tariffs?
1:29
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'Tell us the plan': Hear Trump-supporting business owner's message to the president
2:17
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Supply chain expert reacts to Warren Buffett's criticism of Trump's tariffs
2:50
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GM CEO says Trump auto tariffs could cost company $5 billion
6:11
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‘Trump chickened out’: Chinese social media mocks Trump on trade
5:12
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Why Trump’s potential U-turn could give China the upper hand
1:20
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Used in iPhones to EVs: Why China’s near-monopoly on rare earths matters
1:20
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Trump calls Xi’s tour of Southeast Asia a chance to ‘screw’ the US
0:47
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