Ford Warns of Falling Profit With $2 Billion Tariff Hit

Ford Motor Co. said its profit this year is poised for a sharp drop on the growing fallout from President Donald Trump’s tariffs, underscoring the dramatic policy shifts in Washington that are upending the auto industry.

The Dearborn, Michigan-based automaker forecast adjusted earnings before interest and taxes this year will fall by as much as 36%. That’s in large part due to a net tariff impact of $2 billion, about $500 million more than the company expected previously.