
Articles
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5 days ago |
nytimes.com | Neal Boudette
Image Trade war: President Trump suggested on Friday that he was open to slashing tariffs on China to 80 percent from 145 percent. His comments on Truth Social came as Treasury Secretary Scott Bessent prepared to meet with his Chinese counterpart, He Lifeng, in Switzerland this weekend. "80% Tariff on China seems right! Up to Scott B," Mr. Trump wrote.
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1 week ago |
auto.economictimes.indiatimes.com | Neal Boudette
The automaker faces disruptions in supply chains and potential retaliatory tariffs. First-quarter profits declined significantly, attributed to lower vehicle sales and production adjustments, despite reduced losses in the electric vehicle sector. Ford Motor said Monday that the Trump administration's tariff policies were likely to lower its 2025 profit, before interest and taxes, by about $1.5 billion.
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1 week ago |
nytimes.com | Neal Boudette
Ford Motor said on Monday that the Trump administration's tariff policies were likely to lower its 2025 profit, before interest and taxes, by about $1.5 billion. The company also dropped its forecast for the year, saying that predicting the future had become too hard. Ford is less affected by President Trump's 25 percent tariffs on vehicles than other automakers because most of the vehicles it sells in the United States are made in the country.
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1 week ago |
flipboard.com | Neal Boudette
2 hours agoWhat Car Looks Cooler Than It Actually Is? Sayings like "looks can be deceiving," "don't judge a book by its cover," and "beauty is more than skin deep," are all platitudes meant to encourage …NowHere's Why Ford Motor Stock Is a Buy Before May 5Ford pays a generous dividend yield while trading at a modest P/E ratio. The countdown has begun.
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1 week ago |
nytimes.com | Neal Boudette
General Motors cut its profit forecast for 2025 on Thursday by more than 20 percent and said that the Trump administration's tariffs would increase its costs by $4 billion to $5 billion this year. In a conference call with analysts, G.M. executives said the company now expects to make $8.2 billion to $10.1 billion this year, down from a previous forecast of $11.2 billion to $12.5 billion.
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