Bill Ford believes US automakers need to be ready to compete head-on with Chinese rivals instead of relying on tariff barriers.

The Office of the United States Trade Representative (USTR) announced that the country will impose a 25% tariff on certain goods imported from Brazil starting 22/7.

The Office of the United States Trade Representative proposes additional tariffs of up to 12.5% on imports from 60 economies, citing unfair trade practices.