Ford CEO Jim Farley is calling for penalties against automakers that rely heavily on imports, as the Trump administration renegotiates the US-Mexico-Canada trade agreement.
Speaking to CNBC, Farley said, “It’s imperative that any new agreement makes it easier, not harder, to compete with US makers who import from Japan, South Korea and global competitors that import from those locations.”
The executive argues that Ford builds more than six vehicles in America for every one it imports, leading the industry.
Last year, 83% of Ford vehicles sold in the US were made domestically.
In contrast, General Motors imported 1.17 million vehicles in 2025, representing 41% of its domestic sales.
Key imported models include the Chevrolet Trax and Equinox, as well as most of Buick’s lineup.
Toyota imported over 1.19 million vehicles in 2025, meaning 47% of its US sales came from imports, despite having several American plants.
Farley believes Ford should be rewarded for its high domestic production, or rivals should face penalties for relying on imports.
He says this would “level the playing field.”
Building vehicles in America typically costs more than in lower-wage countries like Mexico.
The Trump administration has decided not to renew the USMCA in its current form, citing trade deficits and parts content as sticking points.
Whether Farley’s wish becomes policy remains to be seen, as negotiations with Canada and Mexico continue.
