Trump metals tariffs will cost Ford $1 billion in profits, CEO says

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In #TrumpNation, #MAGA means destroying everything.

via Meg Tufano

Originally shared by Dean Barnett

Steel and aluminum tariffs imposed by the Trump administration have cost Ford Motor Co (F.N) about $1 billion in profits, its chief executive officer said on Wednesday, while Honda Motor Co (7267.T) said higher steel prices have brought “hundreds of millions of dollars” in new costs.
https://www.reuters.com/article/us-ford-motor-tariffs/ford-ceo-says-metal-tariffs-cost-company-1-billion-idUSKCN1M61ZN

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