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Ford Motor may hike prices if Trump's auto tariffs persist, memo says

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Ford Motor may raise prices on its new vehicles if U.S. President Donald Trump's auto tariffs continue, according to a memo sent to dealers on Wednesday that was reviewed by Reuters.
Ford Motor Co. is considering raising vehicle prices if former President Donald Trump's proposed 10% across-the-board tariffs on imports are implemented, according to an internal memo. The memo, which was sent to Ford employees, states that the company is evaluating the potential impact of these tariffs on its costs and may need to pass those costs onto consumers through higher prices. The proposed tariffs are part of Trump's broader trade policy, which aims to protect American industries but could lead to increased costs for companies like Ford that rely on imported parts and materials.

Read the Full Reuters Article at:
[ https://www.msn.com/en-ca/money/topstories/ford-motor-may-hike-prices-if-trumps-auto-tariffs-persist-memo-says/ar-AA1D3wov ]