3 Things Auto Industry Investors Need to Know About President Trump's Latest Tariff Moves
Yahoo Finance·2026-02-27 20:07
2025 was not a great year to make money selling cars in America -- and tariffs were part of the problem. With 2025 financial results now in, we know that the multiple rounds of tariffs announced by the Trump administration last year cost Ford Motor Company (NYSE: F) about $2 billion in lost profits and subtracted $3.1 billion from earnings at General Motors (NYSE: GM). Combined with charges taken to reverse some of its investments in the money-losing electric vehicle business, Ford racked up $8.2 billion ...