Ford CEO Mark Fields: We Want Corporate Tax Reform

The transcript discusses the potential impact of the Trump administration on alternative fuels and electric vehicles, emphasizing the importance of aligning legislation with market realities. It highlights the need for a data-driven mid-term review of fuel economy standards and anticipates regulatory changes, focusing on trade agreements and corporate tax reform. The discussion also covers the integration of supply chains under NAFTA and the distribution of manufacturing facilities and employment between the US and Mexico.

What is a major challenge for the adoption of electric vehicles according to the discussion?

• High costs and infrastructure issues

• Limited vehicle models available

• Lack of consumer interest

• Excessive government subsidies

What was the purpose of the mid-term review planned for 2018?

• To eliminate fuel economy standards

• To reduce vehicle production

• To increase fuel prices

• To evaluate the impact of new technology on jobs

What is one of the key expectations from the new administration regarding trade policies?

• Focus solely on domestic production

• Increase tariffs on all imports

• Establish free and fair trade agreements

• Ban trade with China

How does NAFTA impact the automotive industry according to the discussion?

• It integrates supply chains across North America

• It limits job opportunities in the US

• It reduces competitiveness

• It increases vehicle prices

What is the stance on corporate tax reform mentioned in the discussion?

• It should remain the highest among developed nations

• It should be reformed to boost the economy

• It is unnecessary for economic growth

• It should be increased to match other nations