Ford has announced it is suspending its 2025 financial outlook due to the expected impact of tariffs, projecting a cost of $1.5 billion from tariffs this year alone. The automaker reported a significant decline in its first-quarter profits, down by two-thirds compared to the previous year. Despite beating earnings expectations, the company expressed concerns that tariffs could substantially affect its bottom line. Ford executives clarified that they do not anticipate significant price hikes for their vehicles, even as they navigate through the financial strain caused by the tariff situation.