Ford CEO Warns UAW Strikes Could Hurt U.S. Auto Industry Competitiveness
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William Clay Ford Jr. said nonunion automakers like Tesla and Toyota will benefit from UAW strikes against Michigan automakers.
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Ford said the strikes risk damaging the U.S. auto industry's ability to compete and could lead to lost jobs.
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UAW president Shawn Fain said workers are fighting corporate greed, not the automakers.
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Ford said the talks have reached a crossroads, and costly labor deals could hurt the U.S. economy.
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Ford called for an agreement so U.S. automakers can compete against foreign rivals.