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Ford revises tariff hit estimate to $3 billion | NewsNation Now
Posted
August 4, 2025
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August 4, 2025
7,087
177
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3.54%
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5:16
5:14Now PlayingFord Motor said U.S. tariffs on imported vehicles, as well as on steel and aluminum will likely cost more than expected for the year.
Ford reported that second-quarter results took an $800 million hit from tariffs, a less pronounced impact than some of its U.S. rivals thanks to Ford's strong domestic manufacturing base. For the full year, the automaker lifted the higher range of its projected hit to gross revenues from tariffs by $500 million to $3 billion.
Erin Keating, an executive analyst and senior director of economic and industry insights at Cox Automotive, joined “NewsNation Now” to discuss challenges facing the U.S. auto industry.
#Ford #tariffs
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