Ford doesn’t expect significant car price hikes even as tariffs will cost it $1.5 billion

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Ford doesn’t expect significant car price hikes even as tariffs will cost it $1.5 billion

President Donald Trump’s auto tariffs will cost Ford $1.5 billion this year, but the automaker said Monday it does not expect overall US car prices to rise significantly as a result. Ford also withdrew its previous full-year earnings guidance due to the uncertainty caused by Trump’s tariffs. #CNN #News

Date: May 6, 2025