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Ford pulls guidance, warns it will take $1.5 billion hit from Trump's tariffs

Ford Motor Company suspended its 2025 annual guidance on Monday due to uncertainty caused by President Trump's 25% tariffs on imported vehicles and parts.
The tariffs, introduced to increase costs on imports mainly from Mexico and China, led Ford to withdraw guidance until clearer impacts on consumer behavior and costs emerge.
Ford reported first-quarter revenue of $40.7 billion, a 5% decline from a year ago, with net income falling sharply to $471 million amid continuing losses in its electric vehicle operations.
Ford projected that tariffs will increase adjusted earnings costs by approximately $1.5 billion in 2025, and CFO Sherry House emphasized that the company is concentrating on controlling the factors within its influence.
The suspension of guidance reflects Ford’s caution about the tariff impact, suggesting ongoing challenges in profitability and pricing as the company navigates industry-wide trade tensions.

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