Ford Motor Company projects a $1.5 billion profit reduction this year due to President Trump's tariff policies and has consequently withdrawn its 2025 performance forecast amidst tariff-related uncertainties. The company cautions that tariffs could disrupt supply chains, hinder automotive production, and expose Ford to the risk of retaliation from other nations. During the first quarter, Ford's net income dropped by 64% year-on-year to $471 million, with adjusted operating income declining to $1 billion.
