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Ford profit drops as tariff bill climbs to US$2 billion

GenevaTimes by GenevaTimes
July 31, 2025
in Business
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At the same time, the Trump administration’s moves to unwind stringent tailpipe pollution regulations represent a potentially significant boost for Ford and its Detroit rivals, freeing them to sell highly-profitable gas-guzzling SUVs and pickups. Taken together, those policy shifts herald a long-term shift away from a globalized auto industry, Ford chief executive Jim Farley said.

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