Ford Motor Company despite $50.2 billion in quarterly revenue, Ford posted a net loss of $29–$36 million, its first quarterly loss since 2023. Tariffs alone added $800 million in costs this quarter, and the company now expects a $2 billion hit for the full year.

Ford faces a $2 billion profit hit in 2025 due to Trump’s auto tariffs, despite strong domestic production and efforts to adapt its supply chain.

Motor industry giant Ford says it expects tariffs to cost it about $2bn (£1.5bn) this year, more than previously expected, despite building most of its cars in America. The company says it had already paid an extra $800m in duties in the three months ending in June.