CNN’s Kasie Hunt in Disbelief After Peter Navarro Says U.S. Auto Companies Aren’t Really American: ‘Ford Isn’t an American Company?’

HUNT So let me ░░░░░░░░ you about I m ░░░░░░░░ you raised jobs as ░░░░░░░░ of this Have you ░░░░░░░░ a guarantee from the ░░░░░░░░ Three and especially from ░░░░░░░░ American auto companies that ░░░░░░░░ increased costs that they ░░░░░░░░ going to bear especially ░░░░░░░░ the tariffs on car ░░░░░░░░ are not going to ░░░░░░░░ in them cutting jobs ░░░░░░░░ often Americans know companies ░░░░░░░░ to increased costs by ░░░░░░░░ their own costs which ░░░░░░░░ mainly in jobs So ░░░░░░░░ these American companies going ░░░░░░░░ refrain from cutting jobs ░░░░░░░░ they try to respond ░░░░░░░░ this NAVARRO So the ░░░░░░░░ thing that s really ░░░░░░░░ to understand is that ░░░░░░░░ Big Three so called ░░░░░░░░ companies GM Ford Stellantis ░░░░░░░░ re not they re ░░░░░░░░ really American companies In ░░░░░░░░ they have less HUNT ░░░░░░░░ Motors isn t an ░░░░░░░░ company NAVARRO They have ░░░░░░░░ in this sense Kasie ░░░░░░░░ is really interesting They ░░░░░░░░ less HUNT Ford isn ░░░░░░░░ an American company NAVARRO ░░░░░░░░ on hang on HUNT ░░░░░░░░ build Ford Tough It ░░░░░░░░ NAVARRO Kasie do you ░░░░░░░░ to answer the question ░░░░░░░░ is really interesting HUNT ░░░░░░░░ NAVARRO They have less ░░░░░░░░ content in their cars ░░░░░░░░ some of the other ░░░░░░░░ that are operating in ░░░░░░░░ like Honda OK So ░░░░░░░░ you ask about HUNT ░░░░░░░░ Honda is a more ░░░░░░░░ car company than Ford ░░░░░░░░ GM NAVARRO those three ░░░░░░░░ what you have to ░░░░░░░░ you ve got to ░░░░░░░░ at Honda you got ░░░░░░░░ look at Toyota all ░░░░░░░░ these car companies and ░░░░░░░░ what s going to ░░░░░░░░ Every single one of ░░░░░░░░ now have a massive ░░░░░░░░ to produce here domestically ░░░░░░░░ I don t mean ░░░░░░░░ I mean produce I ░░░░░░░░ auto parts engines engine ░░░░░░░░ the drivetrain the powertrain ░░░░░░░░ wages for the powertrains ░░░░░░░░ are 10 to 20 ░░░░░░░░ per hour And you ░░░░░░░░ where almost 50 percent ░░░░░░░░ the engines in American ░░░░░░░░ are made It s ░░░░░░░░ here It s Germany ░░░░░░░░ Japan and Hungary and ░░░░░░░░ and we only make ░░░░░░░░ percent of the engines ░░░░░░░░ go into our cars ░░░░░░░░ s a product of ░░░░░░░░ and Japanese industrial policy ░░░░░░░░ retains their higher wage ░░░░░░░░ for their country And ░░░░░░░░ re they re just ░░░░░░░░ it to us So ░░░░░░░░ you look at this ░░░░░░░░ s going to be ░░░░░░░░ off in America through ░░░░░░░░ policy And I m ░░░░░░░░ you Kasie what you ░░░░░░░░ going to see is ░░░░░░░░ race It s a ░░░░░░░░ Age race of all ░░░░░░░░ different auto companies to ░░░░░░░░ production here auto parts ░░░░░░░░ here Enough of this ░░░░░░░░ content where we re ░░░░░░░░ simply assembly lines So ░░░░░░░░ s see what happens ░░░░░░░░ the boss says But ░░░░░░░░ can assure you when ░░░░░░░░ put all of the ░░░░░░░░ plan together consumers and ░░░░░░░░ American deplorables are going ░░░░░░░░ be much better off ░░░░░░░░ they were under Biden ░░░░░░░░ much better off than ░░░░░░░░ will be if we ░░░░░░░░ t acted.”