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Ford CEO Issues Warning: Trump-Era Tariffs Expected to Persist for Three Years, Potentially Triggering Summer Price Hikes Across the Industry
2025-05-07 /
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Author：小编
Ford Motor Company has unveiled its 2025 first-quarter financial report, revealing a 5% year-over-year drop in revenue to $40.7 billion. Despite this, the company's adjusted earnings per share surpassed analysts' expectations, underscoring its robust business resilience. Nevertheless, tariffs have emerged as a paramount concern. The CEO of Ford has cautioned that approximately half of the vehicles in the United States are imported, subjecting them to tariffs of $5,000 or more. This could spark industry-wide price increases as early as summer. It is anticipated that this policy will endure for at least three years, causing Ford to incur a profit loss of $1.5 billion and necessitating the withdrawal of its 2025 performance guidance.
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