Ford Motor Company expects tariffs to result in a loss of $1.5 billion.

On May 5th, local time, Ford Motor Company stated that it expects President Trump's tariff policy to result in a profit loss of $1.5 billion for the company this year. On that day, Ford also cited the uncertainty brought about by tariffs as the reason for withdrawing the performance expectations for 2025 that were released three months ago. Ford stated that the disruption of the supply chain caused by tariffs could lead to interruptions in automotive production for the entire industry. The company also noted that tariff increases, changes in the implementation of tariffs, and potential retaliatory measures by other countries pose additional threats. Ford stated that these are significant industry risks that could have a major impact on financial performance. Additionally, Ford announced that its net income for the first quarter decreased by 64% compared to the same period last year, to $471 million, with adjusted operating income decreasing to $1 billion. Previously, Ford had forecasted an operating profit of between $7 billion and $8.5 billion for 2025.