--Joe Hinrichs, Ford Motor Co.'s (F) president of global operations, said "U.S. steel costs are more than anywhere else in the world" as a result of tariffs imposed by the Trump administration, Bloomberg reports Monday.

--Mr. Hinrichs said the company is speaking with the administration about the tariffs, the report said.

 

Full story: https://www.bloomberg.com/news/articles/2018-10-22/ford-says-trump-tariffs-makes-u-s-steel-costliest-in-the-world?srnd=premium

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

October 22, 2018 14:20 ET (18:20 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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