Archive · 2 Jun 2025

Ford Suspends Guidance, Cites $1.5 Billion Tariff Hit

Ford Suspends Guidance, Cites $1.5 Billion Tariff Hit

Ford, a car company, is worried about new rules called tariffs.

Tariffs are like extra taxes on things coming into the country.

Because of these tariffs, Ford has paused its plans for next year.

They think it will cost them about $1.5 billion!

The company is trying to find ways to lower these costs.

Ford’s first-quarter profits were good, even with the worries about tariffs.

The government is also changing the rules, and Ford is trying to figure out how these changes will affect their business.

Sources