Ford Motor Company just hit a major speed bump—and it’s got President Trump’s tariffs to blame. On Monday, the automaker announced it expects to lose a staggering $1.5 billion in profits this year due to U.S. trade policies. 🚨
The company also slammed the brakes on its 2025 performance forecast, citing rising uncertainties from tariffs. Ford warned of potential supply chain chaos, retaliatory tariffs, and policy shifts tied to taxes and emissions. 🛑 CEO Jim Hackett emphasized that the industry is navigating 'material near-term risks,' as global trade tensions rev up.
First-quarter sales showed mixed trends: Retail sales jumped 5% thanks to trucks, SUVs, and EVs as buyers raced to dealerships before Trump’s auto tariffs kicked in April. But overall sales dipped 1.3%—a sign of the bumpy road ahead. 📉🚙
For young professionals and investors tracking global markets, Ford’s struggle highlights how trade wars can jolt even industry giants. Stay tuned as the auto world shifts gears. 🌍🔧
