Ford posts first quarterly loss in two years after $800 million tariff hit
5 Articles
5 Articles
Automotive giant Ford lost $36 million in the second quarter after seeing $800 million in tariff costs, marking its first quarterly loss in two years.
Ford struggles to compete as new trade rules punish American-made cars with soaring tariff costs in the United States - TDPel Media
For years, Ford has proudly waved the “Made in America” flag, assembling most of its vehicles right here in the U.S. But now, that patriotic manufacturing model isn’t being rewarded—it’s being penalized. Instead of benefiting from trade protections, Ford is finding itself squeezed harder than its foreign rivals, thanks to a complicated tangle of new tariffs and shifting global trade rules. Ford Builds at Home but Pays Abroad Ford produces a whop…
Roundup: Ford posts a loss / Chase banks / US-Mexico trade
Tariff hit: Ford Motor paid out more than $800 million in tariffs last quarter, despite manufacturing most of its vehicles in the U.S. The tariff bill came from parts imported from outside of the country as well as from fees on steel and aluminum. The hit helped wipe out the company’s net profit, leading to its first quarterly loss since 2023. Read more from The Wall Street Journal. Growing footprint: JPMorgan Chase has built 1,000 new branches…
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