Tariffs, the Auto Sector and the Ford F-150: All-American or Global?
The iconic Ford F-150 holds the crown as America's best-selling vehicle and it has held that position for a very long time — 50 years to be exact. But, how truly American is the F-150? Well, the correct answer is “it’s complicated”. Are any cars truly products of their native countries? In the case of the F-150, Ford sources approximately 68% of parts from global suppliers and 32% from U.S.-based suppliers. The onslaught of tariffs and trade wars has exposed the highly complex, intricate, and integrated automotive supply chain, which is global in both scope and size, involving a network of suppliers, manufacturers, and distributors. This is part of our “Global Insights” series where we showcase key facts on timely global issues. Share this insight, check back regularly and stay tuned for more in the weeks ahead.
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