Ford Reaches Tentative Deal with UAW, Includes Wage Hikes for Workers

UAW and Ford reached a tentative 4-year deal including 25% wage increase for workers.

Agreement is a breakthrough amid ongoing strikes against GM and Stellantis.

Deal could relieve pressure on Biden amid economic concerns over the strikes.

UAW won ability to strike over future plant closures.

Thousands of autoworkers could return to work during ratification process if deal is approved.