Ford Motor CEO: Trump's tariff policy and threats are causing "disarray" in the US auto industry.

General Motors CEO Mary Barra stated that the company expects to be able to offset up to 30% to 50% of the potential tariff costs in the short term without additional capital investment through emergency plans. In the long term, if tariffs persist, GM may consider other measures such as shifting production or parts/vehicles.

Ford CEO Jim Farley believes Trump's tariff policies and threats are creating "chaos" in the US auto industry. The current 25% steel and aluminum tariffs, as well as the potential tariffs on Mexico and Canada, are adding significant costs and creating chaos. Most of Ford's steel and aluminum comes from domestic sources, but some suppliers' materials come from overseas, which could affect costs.

Farley is most concerned about potential tariffs on goods from Mexico and Canada, calling 25% tariffs in the long term "devastating" and would be unprecedented for the US auto industry.