Howard Lutnick Says Trump's Auto Tariffs Are Bringing Thousands of Jobs Into the US - Ford Motor (NYSE:F)

Commerce Secretary Howard Lutnick said President Donald Trump’s auto tariffs are “bringing auto manufacturing home,” highlighting Section 232 duties at Monterey Car Week in Monterey, California. In remarks on Fox Business, Lutnick claimed the tariffs are “winning the day,” citing Ford facilities in San Antonio, Texas, and Kentucky, and arguing they will return “thousands and thousands of jobs.” He also said companies may need to train younger workers for “high-tech jobs,” pointing to wage figures of “23 bucks an hour” and hiring “right out of high school.” Ford CEO Jim Farley also linked the production of some Lincoln models in the U.S. to tariffs, including a reported 52.5% duty on the China-imported Lincoln Nautilus.