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Ford expects USD 1.5 billion tariff hit in 2025, contemplates production shifts

On May 5, Ford reported that its Q1 2025 revenue declined 5.0% YoY to USD 40.7 billion, its adjusted EBIT plunged 63.1% to USD 1,019 million, and its net profit declined 64.6% to USD 471 million.
Ford said tariffs impacted EBIT by USD 200 million in Q1, and because of tariff uncertainty, it will suspend its financial....

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