Ford Sees $1.5 Bn Tariff Hit This Year, Suspends 2025 Forecast

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Ford United States Economy Tariffs

Ford reported a 65 percent drop in first-quarter profits Monday, citing a near-term drag on auto sales from new vehicle launches, as it withdrew its forecast amid tariff uncertainty. The carmaker estimated a full-year net hit of about $1.5 billion in adjusted operating earnings following President Donald Trump's myriad tariff actions since ...