Trump’s Tariffs Slam Ford with $1.5 Billion Hit, Threatening EV Dreams
Ford has pulled its annual guidance, bracing for a staggering $1.5 billion blow from U.S. President Donald Trump’s tariffs, the automaker announced on Monday, May 5, 2025. As reported by Reuters, this move comes amid uncertainty over the levies, which are set to ripple through the electric vehicle (EV) industry, hitting Ford’s ambitious EV plans…