Jim Farley

If you look at what's happening in Europe right now, in the UK, the Chinese are now quickly almost 10% of the marketplace, and electric cars even higher.

They pose a lot of threat to labor locally.

They have huge subsidies from the government that they're exporting.

As a country, we need to decide what is a fair playing field from a cost.

How do we handle these vehicles?

If we're scared of a balloon, you can imagine a car with 10 cameras that can drive itself.

You know, these are incredibly sophisticated technologies.

And when we deploy that in China, it has to be approved by their defense department because, you know, those vehicles can be guided into all sorts of things.

Well, we need the same.

You know, we have a good starting point for that philosophy of the ITC of the vehicle, the digital footprint.

Now we have to, you know, make sense of that for the China.

I know that the president talked about that during his visit at the Economic Club.

How do we handle Chinese cars?

Now, his personal opinion was we should let them into the U.S., but maybe.

You know, I think we need to work through that as a company and as a country.

I think there's always a lot of big topics for the car industry because it's so important for our country.