/Ford%20Motor%20Co_%20logo%20by-%20Vera%20Tikhonova%20via%20iStock.jpg)
President Donald Trump said that tariffs on Canada and Mexico, which were put on hold for a month until March 4, will be “going forward on time, on schedule.”
Several industries are worried about the impact of Trump’s tariffs given their global supply chains. This especially holds true for the North American automotive industry, which is integrated across the U.S., Canada, and Mexico. Unsurprisingly, both Ford (F) and General Motors (GM) sounded an alarm over the tariffs during their respective fourth-quarter earnings call. While the tariffs could have an impact on their price action, Ford’s fat dividend could also be at risk.