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Stock impact report

‘There's no jobs coming': Ford slams Carney's EV deal with China again, says he only found out about it hours before [BNN Bloomberg (Canada)]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Company Research Source: BNN Bloomberg
“I'm extremely, I say extremely, disappointed by this decision, which will directly impact our auto workers and the supply chains that support them, including many rural areas,” Ford said during an address to the Rural Ontario Municipal Association (ROMA) Monday. He said despite Carney's claim that the deal represents an “ opportunity for Ontario ,” that will not be the case. “Folks, you hear there's jobs coming, there's no jobs coming. I can assure you, you can remember this,” Ford said. He also revealed that he found out about the deal just hours before it was announced publicly. “I found out about this deal, and the auto companies found out, by the way, a few hours before it was announced,” Ford said. “So much for the partnership.” Carney announced a trade deal with China last week that will see Beijing ease its tariffs on some Canadian canola, seafood and vegetable products in exchange for allowing up to 49,000 Chinese EVs into Canada per year at a 6.1 per cent tariff. Show less Read more
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