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Ford Motors revises its tariff impact projection, revealing a $3 billion hit to profits, leading to a 3% decline in shares.
Farley said during the earnings call Ford's new EV strategy is the result of consumer demand trends while regulations change.
While investors are hoping for more trade deals to avoid tariffs, one recent deal might be bad news for automakers.
Investors do have one major event to look forward to, and that comes on Aug. 11 when CEO Jim Farley is promising a "Model T ...
The auto sector is taking President Trump's tariffs on the chin. Toyota, the world's largest automaker, was the latest to ...
Mike Pence shared a word of advice for Donald Trump over his tariff war with various countries and countered his claim that ...
An elected official in Canada gave CNN Wolf Blitzer a blunt response when he was asked what Canadians think about the 47th ...
While Anand and Finance Minister François-Philippe Champagne were making the rounds in Mexico, a top White House official ...
With the current national emphasis on tariffs, there are frequent newscast mentions of the Smoot-Hawley Act and the act's impact on the historic Great Depression of the 1930s.
Ford (NYSE:F) designs and sells a range of vehicles, including trucks, SUVs, EVs, and luxury models, along with parts, ...
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Narcity on MSNDoug Ford blasts Trump on US TV: 'He's probably the most disliked politician in the world'In the clip, Ford called Trump the "most disliked politician in the world," as trade and diplomatic relations between both ...
Trump placed new tariff rates on dozens of countries around the globe, but for weeks, the duties have been subject to fluctuation and shifting deadlines.
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