Transportation
Ford Halts Guidance While Warning of $1.5 Billion Tariff Hit
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Ford Motor Co. suspended its full-year financial guidance and said President Donald Trump’s auto tariffs will take a toll on profit, joining rivals stung by volatile global trade policies.
The automaker expects the duties to reduce 2025 adjusted earnings before interest and taxes by about $1.5 billion on a net basis this year, it said while reporting a first-quarter profit that beat Wall Street’s estimates. The company’s total tariff impact is about $2.5 billion, and it believes it can offset about $1 billion of that.