💰 Trump Wants Ford to Cut Ties With Chinese
Published by OOPSONLINE.IN · Source: The Verge · 1 min read · · Updated
What actually happened
US Transportation Secretary Sean Duffy said in a letter to the automaker that he was “deeply alarmed” that Ford licenses tech from battery maker CATL and automaker Geely, Reuters reports. Ford responded by accusing Duffy of being “wrongheaded” and “chasing headlines” — which, if you know Duffy, makes perfect sense. The letter drops a few months after the Trump administration banned Geely-owned Polestar from selling its EVs in the US. [Link: Trump administration blasts Ford's business deals with Chinese firms | https://www.reuters.com/business/autos-transportation/trump-administration-blasts-fo
Key points
- US Transportation Secretary Sean Duffy said in a letter to the automaker that he was “deeply alarmed” that Ford licenses tech from battery maker CATL and automaker Geely, Reuters reports.
- Ford responded by accusing Duffy of being “wrongheaded” and “chasing headlines” — which, if you know Duffy, makes perfect sense.
- The letter drops a few months after the Trump administration banned Geely-owned Polestar from selling its EVs in the US.
- [Link: Trump administration blasts Ford's business deals with Chinese firms | https://www.
Summary based on data provided by The Verge. Full article available at the original publisher.
- #business
- #trump
- #wants