US DOT Secretary Criticizes Ford's China Ties in Letter to CEO

US Transportation Secretary Elaine Chao sent a letter to Ford CEO Jim Farley expressing 'serious concern' over the automaker's partnerships with Chinese firms CATL, Geely, and BYD. This marks an escalation of US government pressure on American companies' China exposure, potentially signaling policy shifts ahead. The move could affect Ford's strategic decisions and broader US-China commercial relations.