Ford posts first quarterly loss in two years after $800 million tariff hit

Tariffs: Ford Takes a Hit

Ford Motor said Tuesday that it lost money in the second quarter as tariffs took a toll on its business.

Ford loses $36 million in second quarter, takes $800 million tariff hit

Ford lost $36 million in the second quarter after taking a $800 million hit from tariffs.

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…