Ford Raises Tariff Forecast As Trade Pressures Mount

About Ford Raises Tariff Forecast As Trade Pressures Mount

Ford projects a $2 billion tariff impact in 2025, an increase from previous estimates, with $800 million paid last quarter. The rise is due to ongoing tariffs on materials from Canada and Mexico, along with U.S. steel and aluminum duties. Despite significant manufacturing in the U.S., Ford faces trade pressures that could affect costs. CEO Jim Farley is actively negotiating with the White House to reduce tariffs on vehicle parts. The video provides insights into Ford’s trade challenges and strategic responses.