#PI# Breaking News: Ford Motor Company announced that due to Donald Trump's disastrous tariffs, its profits will decline by 36% this year, equivalent to a revenue drop of about 2 billion dollars.

Trump's "Golden Era" is destroying America's flagship companies...

Ford's new estimates are even worse than the company's previous forecasts. Adjusted earnings before interest and taxes will be between $6.5 billion and $7.5 billion. The initial forecast was $7 billion to $8.5 billion. Last year, the company's profit was $10.2 billion.

Ford expects that its adjusted earnings this year will include $2 billion in tariff costs, about $500 million more than previously estimated.

Despite Ford producing more cars in the U.S. than any other automaker, according to the "Make America Great Again" (MAGA) economic theory, this insulates it from tariff impacts, yet these concerning numbers still exist. However, the fact is that tariffs are a broadly destructive policy and can have widespread ripple effects.

Especially the tariffs on key components such as auto parts, steel, and aluminum have increased Ford's costs. The company's Chief Financial Officer, Sherry House, stated that Trump's decision to raise the tariffs on steel and aluminum from 25% to 50% has been particularly destructive.

At the same time, the tariffs imposed on non-automotive-related goods have also hurt consumers' wallets, meaning they have less money to spend on purchasing new cars. Following this news, Ford's stock price plummeted by 2.5% after regular trading hours.