Ford says its team is 'in the trenches' trying to minimize the impact of tariffs on its business
1. Ford suspends 2025 financial guidance due to supply chain and tariff risks. 2. Ford expects to offset $1 billion of tariff costs this year. 3. Net income down 64% year-over-year; revenue declined 5% this quarter. 4. Supply chain changes may lessen tariff impact compared to competitors. 5. US car prices predicted to rise by 1-1.5% due to tariffs.