The CEO of Ford stated that without access to specific rare earth magnets that China controls, Ford cannot manufacture EV engines and will have to shut down production, illustrating how US corporations have become dependent on Chinese supply chains despite clear strategic threat signals since 2017
factualpending
Speaker
Kyle BassEvidence Quote
“the CEO of Ford says if they don't release these... rare earth magnets, then we can't uh put our EV engines in our cars. We're just going to have to shut down”
Source
Global Macro Investing And Geoeconomics With Hedge Fund Investor Kyle Bass | Hoover Institution— Hoover InstitutionCreated: 8/11/2026, 7:32:16 AM
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