Ford CEO says metals tariffs cost company $1 billion

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Ford Motor Co Chief Executive Officer James Hackett said on Wednesday that metal...

 

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Hi i am cheated by ford assured dealer in india. Pls help

James Hackett why when possibly you are in financial trouble do you continue to build similar models like the galaxy and smax , the Kuga and escape , why not stick to one I.e fiesta , focus , Kuga , f150 truck . Surely it’s a waist of money to build models that are so similar?

Make the steel, aluminum and the vehicles for the North and South American market here then and avoid the tariffs while supporting your mother country and it’s people rather than our apparent enemy Communist China.

This god damn president has to go before he ruins the whole auto industry, the country, the world as we know it.

Good! Chevy's better anyway...

realDonaldTrump is put to screw Americas ScrewAmericaAgain

I suppose Ford prices will increase now; regardless of realDonaldTrump having given them huge tax breaks in preparation of his bully tactics using tariffs. Quit your whining ford; you knew damn well this was coming, yet, you play the victim while also reaping the benefits.

BentleysQuest All in the service of one man’s quixotic, ignorant mission & comprehensive lack of understanding, substantiated by little more than his own unbearable ego.

fyi acoyne RosieBarton

Wait for it! Bailout from Trump to help automakers coming, as soon as the farmers all receive their bailout money.

NYCNavid These old CEO's all backed Trump because they saw someone like themselves running for POTUS. They're getting what they voted for and now the media wants us to feel sorry for them. Let them wallow in their own shit.

Ford is bankrupt.

Like he cares. "Trump's new limo cost $1.5M and comes with a fridge full of his blood type"

So much winning !

And ur Fuckin Car costing alots of money to repair always . Ford mark is shit

laweiman

More reporting on tariffs and the affects on American businesses please!! TariffsHurt TariffsAreTaxes

But...but.. trade wars are easy to win

Until Ford makes a better product than Toyota they should STFU.

Buy Australian! We’re exempt (for now) on steel and aluminium tariffs! Although we might not produce enough for the demand!!

It’s the price of making USA great again

You get what you vote for! MAGAmyass

Now THIS is how you MAGA !

IF I remember correctly FORD was the only Auto Manufacturer that didn't take help from the Government during the recession. The UAW has always supported Democrats. Father & Brother both retired UAW. I support Ford, & have only owned Fords.

realDonaldTrump please stop! we’re Winning too much😒

Muh profits!

It’s ok with the way you overpriced cars giving them a warranty of 3 yrs or 36,000 miles.

Really? Maybe the company made less but your employees made more? It’s a realignment! Try buying American. Not all about profit. You still made money and now families can have an American Dream again. What was your bonus?

That’s BILLIONS, that’ll mean job cuts soon

While BarackObama saved GM. Dump is...

FixesItself And that just in his stock options.

Didnt he endorse 45?

But you’ve made it up in Trump dropping tariff’s. Yeah, we’re not crying for you, Argentina (aka Ford’s CEO! 🤦‍♀️)

Hey realDonaldTrump! So much winning since you and your “very very large brain” got into the WhiteHouse

MAGAts, FFS, wake up!

F to pau respects

Personally I hope they go bankrupt, Ford's idea of quality is gone downhill.

Buy American, don’t pay tariffs.

Where are all those Republican Ford loving, MAGA wearing people now? Wake up people. 2 party system is the problem!

realDonaldTrump -MAGA...

Just $1 Bil

What is that phrase again? Oh, I remember, it's WOMP WOMP.

GOOD because

You see comrade corporate welfare, in capitalist utopia, we push costs down to customers but use retained earnings for share buybacks. It’s the best of both worlds. And it’s legal!! Can you believe that?!

I call BS

Maybe they should not make the cars in China and make them in the United States of America. Ford

So price of gas up. Price of cars going up. maga winning

StableGenius at work

Dashboard hypnosis, gasoline psychosis. Asphalt wastelands: stupid. Automobile air and noise pollution day after day: STUPID. CarFree lifestyle and urban design is far better. Boycott polluter mafia.

They're full of shit. They're doctoring their books and using it as an excuse to pay their workers less on profit sharing.

Maybe Hackett can donate some of hsi $17 Million per year to offset Tariffs. Car execs make TOO MUCH money & are raping consumers. Unfair for Regular Ford workers Pay the workers more

You probably voted for Trump.

Ford With that one billion why don’t you invest in a steel plant to make the metal in the USA? Why are we shipping out our raw metals to be processed only to then bring the finished goods here? Invest in American manufacturing !

Use American steel and you’ll solve the problem.

Womp womp

With that one billion why don’t you invest in a steel plant to make the metal in the USA? Why are we shipping out our raw metals to be produced elsewhere then bring them back in? invest in America manufacturing DA!

Good.

Soon .. jobs lost is next. Sad , because some good people gonna lose their jobs next.. being lied to by this dude we. Call our president.

Eh... they'll live.

How much have the Detroit lions cost them all these years...?

Art of the Deal

Curious after rich tax cuts if you broke even or are still ahead! Trump undoes Fords progress with a tariff! He will destroy all for Putin to win!

This is nonsense! Trumps doing great. fakenews

realDonaldTrump GOP you are failing. Your leadership is broken.

Narrator: and yet it actually wasn’t

POTUS

Henry Ford was a smart man, he would be rolling over in his grave if he knew his automobiles were being made in Mexico, Canada or overseas, it's not about money, Ford has money, it's about madeinamerica AmericaFirst Greed is one of the 7 deadly sins 🤔

Yup and if they impose auto tariffs on Canada too, that number will get even bigger....but hey, winning right 😳

Put your money where your mouth is and help get him out

Who cares? Ford has cost Americans 10's of billions in lost wages because of their over seas production.

JamesHackett just learned the hard way......Never trust a ConArtist or a MORON with the steering wheel..

Ford makes car cheap and bad quality ! trump has nothing to do with crooked CEO ! you make good car you make good profit !

That's just what it's costing Ford it's going to cost Americans much more especially working class Americans Trump's never had a job so he doesn't know what work is about he paid his way through school with a million dollar allowance from his daddy, a million a year. Impeach SOB!

Watch them drop all that pain and hurt on their workers and customers. They would never eat the cost.

Oh no! Time to lower CEO bonuses?

Meaning it cost consumers an extra billion.

Then cut your pay

He should make a large donation to Democratic Party

update // America is doing great. full clip // culture hacker news end

and how much has Ford cost the planet? hmmm

puffytuffy Funny that nothing like that happened when Obama was in Office.

Then they need to adjust. My Ford engine was made in Central America and the body in Mexico. This CEO can kiss my ass.

B b b b b b but, we have such a big brained businessman in charge, i am confused when we are not richest.

caryky

The tariffs are working fine. Thus story's very misleading.

Destroy America Given Access MAGA

these tariffs have failed bigly

So from that one billion lost in profit how much total profit you make? If you made anything you didn’t lose nothing, then count how much is in your Pocket CEO

DiglerDerp For god sake‘s tell the whole story about why we are in this mess it’s The Democrats overregulation and asinine trade policies drove metal production out of business,but Trumps good trade policies have encouraged US steel to build $800 million steel plant bringing industry back

No Trump bailout for Ford like the farmers?

kg_franklin Way to go trump...😑

realDonaldTrump are we winning yet? Oh it's ok...our new factory salaries will cover the price hike just fine 🤣🤣🤣

I love this winning

How much is the CEO being paid?

Don’t get Trump in your business! Fix it!

CANADA STEEL AND ALUMINUM: The History of North American Cooperation on Aluminum and Steel via Visualcap steel Aluminium tariffs NAFTA Cdnpoli

Kind of a big deal 1 billion. Unfortunately trumppressconference is sucking all the air out if the atmosphere!

Only 6 Billion in profits.

I'm old enough to remember when the GOP was highly critical of the loans Obama made to US car companies to prevent their bankruptcy. They wanted to just let them go under.

That has to raise the cost of cars.

jeffrey_moles But he has a “big brain”

Tell Hackett he’ll enjoy the chocolate cake at Mar A Lago! It’s only a billion a slice!

As this is important for Ford, would be great to see employees allowed to leave early on voting day in November to help get this as*hat out of office! Enough is enough! neverstop

Hey tedcruz this is America under you VoteBeto

No no! Republicans are *good* for big business, silly!

Fed chairman Powell disagrees

Remember what happened with Lehman Brothers? Just sayin'

Build the cars in Canada Mexico and China

greg_doucette hurting domestic carmarkers just to own da libs!

Trumps just letting them fall. He has his buddies who are ready to open new companies the moment big ones fail.

So much winning

Hey, realDonaldTrump How's that grab ya

realDonaldTrump So Ford got 5.9 billion in government loans from American taxpayers & now to help put American steelworkers back to work they bitch about 1 billion in extra costs. 🤨 WWG1WGA MAGA TheGreatAwakening Qanon

That’s ONE BILLION dollars less Chinese weapons produced - so stop crying about your “exaggerated” numbers. The tariffs that impacted Ford were 25% on Aluminum? Did Ford buy $4 Billion worth of Aluminum?

Adapt or DIE FordMotors. NO more tax dollars for Big Auto! Figure it out! TariffsAreGood

For the short term mybe, but as US steel and aluminum industry grows, internal prices will go down. Same is happened with US energy, initially only profitable at high oil price, now profitable at lower oil price.

Bring back our steel industry, Ford exec and CEO take a pay cut . Over paid suits

There go demorats again being a bunch of hypocrites. This is them "we hate the rich, they get tax cuts that hurt the poor but oh poor ford company who makes billions of dollars with forking china!" Get a grip dems and stop flip flopping. Choose a side will u.

Well seeing how my whole family worked for ford till you moved production out of the US....cry me a river. Shouldnt have moved out of the US. Now my mom who should be retired had to start over after working for Ford for over half her life. Boo freaking who. Pay the tariffs!!

Take a pay cut

1.) I love how company’s take the good and cry about the bad. Ford Teamsters the reality is ford motors took the favorability of trumps tax cuts and returned it to share holders and then created the narrative that trump is bad for profits

So. Much. Winning. TrumpIsAMoron

Lol, i wonder how much money he spent getting him elected. bad investment.

Good build your cars here not in Mexico or Canada cheap bastard

Winning?

so what...some win...some lose

Key word is "profits". Aren't their profits just greed that they line their pockets with at the consumers expense?

My thoughts and prayers to all the Trump supporters that work at Ford. And also the Trump supporters that will be laid off soon who will need healthcare you are against people having....

Womp womp

Aww poor billionaires gonna know what it’s like to WORK for your money PFTTTTTT 🙄

That’s called “Winning” people!

Ya! 1 billion they put right into the American Market! Thank you Trump!

Let's cut the exorbitant bonuses these crooks, called CEO's at Ford are getting before they criticize realDonaldTrump He's lost millions serving this country he loves while in office. Thank you Mr President for your undying love and sacrifice for America🇺🇸 MAGA KAG

Well then keep production in the USA. Problem solved.

They asking for another bailout soon? 🤣

Thanks Trump.

Doesn't mesh with their stock prices over the last year.

Jim needs an excuse.

There's a fix for that... Move all Ford auto manufacturing back to the US & use American steel. Then... No Tariffs. This is not rocket science. realDonaldTrump

Ford Who did your CEO vote for?

Unrelated, but it’s nice to see Ford suffer a bit because it screwed so many with a pathetic vehicle in its Focus.

TRUMP DOESNT CARE

I work with commercial furniture and almost every single manufacturer has recently had a price increase due to tariffs. BIG problem! Huge!!!! It’s already impacting our sales and we are a local family owned business

So how much did he save u with corporate tax cuts ? Tariffs are temporary tax cuts are permanent. See the difference ? Your the CEO scary

Not a single one of you snowflakes Commenting below drive a Ford lmao

People expect their American cars to be made with American steel.

You know what the shitty engineered cam phasers cost me on my 2008 and 2009 Ford F150 F250....you're lucky I'm not driving a Chevy

Tariffs don't go into effect until Nov. SO Ford how did you really lose the $$$$? 👍👍👍 Maybe all those recalls?

8 steel factories!

Winning...😏 No

Lol yay America

Wait, Ford makes more than $1 Billion in Profit?! Time to renegotiate my automobile

I’m sure he voted for trump

but it makes magashits happy

hahahaha

Globalist that hates our president

FORD does not stand for Fixed Or Repaired Daily for nothing you know! Who cares about your lost profit you steal! Liberals should be happy you are losing profit, but now they are on a Rich CEO’s side? You can’t make this crap up! 😂 FoxNews TheFive OANN foxandfriends

MAGA

This is what the ignorant UAW members voted for. Screw them.

Oh no, what will CEOs do? Oh I know, increase the price of their foreign made cars to make up for their corrupt profit and right back into their pockets!

Obama saved the car industry so naturally trump is destroying it

But how much has he personally saved because of Trump’s tax cut, (and he probably voted for Trump to get said tax cut?)

But. But. Trump just said tariffs are good. 🤔🤔

SO MUCH WINNING 😂😂😂 GOP YOU OWN THIS😂😂😂😂

How is this any different from raising the marginal corporate tax rate? Ford would end up paying more anyway. I'd rather have more jobs created than tax revenue going to a federal coffer blackhole.

No shit.

I won't buy Ford products.

You watch....Trump will say that Ford is a crappy car and that it’s their fault that they are loosing money!

Buy American

bummer use your tax cuts to make up for it

Weird. I was told trade wars are good.

Too Bad, So Sad, not.

Aww poor babies. 🤣🤣🤣

What has Ford moco by out sourcing steel instead of buying from Pittsburgh like they once did cost the tax payers by them not building cars and trucks here with American steel (like they are not passing on the cost they are absorbing LOL)

Too damn bad! Take your plants out of Germany and bring them back to United States and that won’t be a problem! 🇺🇸

I'm sure he didn't complain about his tax cuts from Republicans. I doubt there loosing that much money either and if they don't like it then they shouldn't support Republicans.

What are they going to do? Move there factories to Mexico, that's right they all ready pretty much have.

electionsHaveConsequences

If you didn't understand how important the tariffs are then you do now!!!

Sending my thoughts and prayers.

Prayers and thoughts/ thoughts and prayers? Take your pick. No sympathy for those who supported Trump AND continue to support him. You’ve had 1 year and 9 months to reevaluate your choice on 11/09.

So much winning going on!

There goes that tax savings! Oh wait. You are passing that price increase on to consumers right? MAGA!

thoughts and prayers

Yes this sucks but we shouldn't be in this situation anyway. We are way to reliant on chin a for goods and raw materials. I am happy to pay more for anything.

The CEO is blaming Trump for Fords issues and there are plenty. That is why the stock is in the basement

We want to be an independent country. It will work out. Ford still makes cars out of the country. Buy your steel there.

So they were using cheap steal from China? That’s one reason I drive a Chevy.

Shouldn't we the people get some tax breaks now?

They might want to inform fake potus.

How does Ford get praised for being “American made” and still lose $1 billion when imported metal tariffs are raised?

The fact that they make cars that suck may also be cutting into the profits... -Just Saying!

More winning!!

If it cost Ford $1 Billion what about other smaller companies who can’t afford heavy losses! Get rid of the unfit ‘greatest president ever,’🤮before he does anymore damage to our economy...

Tariffs act as a tax on EVERY CONSUMER. Somebody tell realdonaldtrump he’s destroying America. Literally destroying it smh

I’m guessing he’ll pass the cost right to consumers and workers. No way it will be taken from bonuses. Bonuses are a must.

Y’all really need to take a step back and look and see why trump is doing this. We are in a trade war. This will happen. But we are done sucking China’s dick and letting them steal out intellectual property.

Which means car prices will have to go up - probably sharply - and fewer consumers will buy. This is likely true for all affected US auto makers...Unless the Executives are willing to cut their pay substantially. 😂😂

Uh...duh. Build in America, ford! 🇺🇸 Yes, the process is VERY long and expensive, but do it. Be the pioneer US car brand to embrace change instead of “resisting.” Anyone can resist. Good fighters roll with the punches, adapt, and win. AmericaFirst

Not surprised we’re starting to see the retaliatory kick backs due to filling some henchmen’s pockets like a mobster from NJ. The next POTUS will have it easy at the negotiating table regardless 💪🏻

Trump is slowly sinking every commercial business that has grown from the 80s He may use this to try ask for more embargoes.

Good!

Now who’s pulling a “Big Con Job”. America, wake up. Big businesses & farmers getting screwed by Trump Tariffs, please get your stories out therein the sunlight. HE must be exposed for the destruction he has caused.

Ford can’t even win top three at the F1

Well, youre tech sucks compare to foreign makes. But yes, Donald bent you over the water cooler. Live with youre Vote!

so only Trump's tariffs? not Obama's 200% steel tariff?

"Are we winning yet ?" Smh.

MAGA? Oh, nope, wait, hurting one of the most american and patriotic car companies in the world.

bobsamuelson55

Guess who will ultimately pay for this? I’ll give you a hint: he wears a red hat, got a tiny tax break and likes to drive pickups. maga?

But the corporate tax cuts saved you billions…patience. SuckItUpButtercup

Should’ve been buying American steel this whole time. Man up James, take the bull by the horns and admit you’re wrong. Wrong for buying Chinese steel.

So. Much. Winning. 🙁

They just pass the cost on to car buyers. 🤫😢

Maybe these big CEOs should have considered that before they teamed up with the Koch brothers and Russian oligarchs to put him in office! You reap what you sow.

I didn’t vote for the prick.

trumpists call this "winning".

So much winning going on 🤦‍♀️

And those costs will be passed on to the consumer! He who pays last pays most! TarrifsAreTaxes

Look I’m a stock holder in Ford and I support the President in his efforts to level the playing field . For too long China has taken advantage of us and if it means a little pain in the short run so be it ! President Trump will win . I trust him .

So great for business!!

Trump says it's all good for the US economy right? Now Canada is looking at transforming the steel and the aluminum before it is sent to the USA. That's creating jobs in Canada! The USA doesn't have much resources anymore and was built by slaves... Now people are turning to China

Ford before the recession was a global corporation so say them ,, not beholding to any one nation and during the recession they were an American Corp. Now after the recession they are now global again. Ford I've bought my last Ford, support the strategy or go away.

They're so crooked

But I thought he was making America great again? 🤔🤔

But hey...MAGA!

ford sending you my thoughts and prayers.

I wonder how much Fords decisions to build cars overseas has American workers in wages?

Well realDonaldTrump DillisionalDonald just rambles and tried to paint a very different picture. TrumpIsInsane and we’re watching his MeltdownLive !

Ha ha. they wanted this bastard

RepTomGarrett So are we going to make the profit sharing payments whole to their employees or do only farmers get that benefit.

Thats insane. Further, they got a tax cut. So they still come out on top

Oh, is that the profit they made when they lobbied for NAFTA and shipped all of their manufacturing jobs to Central America and Canada?

So much winning MAGAts & realDonaldTrump 🤨🤨🤨

Muh profits

If Ford hadn’t moved the majority of their Mfg outside of🇺🇸 in order 2get SUPER CHEAP SLAVE LABOR, this would never have been an issue!🙄 GreedyFord BringJobsBackToAmerica You don’t have 2b a so-called Economist to realize🇺🇸’s been treated🤯unfairly on Trade for decades!

Trade wars are easy to win

Ford is always crying.

Michigan voters are pretty happy I guess.

Good the CEO of Ford can kick in the 400 million salary him and his top cronies are making I thought the F series truck was made of aluminum? If the dims hadn't sold out our Steel & Aluminum manufacturing to the global socialist movement we wouldn't be having these conversations

Like it matters. He bailed out farmers. He'll bail out car manufacturers too. Anyone who is rich will just get their money printed for them in American business. Bush did it. Obama did it. Now Trump does it.

Ford trucks are nothing but SHIT! F = Ford O = Owners R = Respect D = Dodge

I hope Ford’s leadership is making it clear to their MAGAt workers what and who is responsible for the profit loss. No bonus or raise this year? All because of Trump’s trade war.

realDonaldTrump you forgot to mention this in your lying litany! SaveOurRepublic

We gave Ford a 9 billion dollar loan and it's still losing money! This isn't Trumps fault, its bad company judgements!

Maybe a bailout would solve the problem...😂😂😂...

So much winning

Maybe it’s because their cars and trucks suck... After the Explorer craze in the early 2000’s who wants anything they sell?

The next time CEO’s are summoned by Trump to the White House he’ll go and kiss Trump’s behind. I don’t feel sorry about your profits. You got a huge tax reduction.

This just means that Ford hasn’t kissed the realDonaldTrump ring yet.

Dodgeford chevyford

kurteichenwald Dear Ford, talk to potus about it. Don’t whine to us peons. TariffsHurt rather than MAGA

Winning?

Ur vehicles are waaaaaaay over priced!

😔😔😔😔😔😔

Kokomothegreat Sure trump is trying to reverse everything POTUS44 did- so Obama saved the auto industry - POTUS has to destroy it. uaw Ford autoindustry

Ok you voted for him!! Take your punches.. make America great right!!

Thoughts and prayers

Tariffs is a tax on American consumers..... only a moron would think different

Don't worry, since Trump is going back to a time before the knowledgeeconomy he can go back a bit further and Ford won't need metal.

kurteichenwald Go trump & trumplings yes y'all are doing so much winning! magats

Well maybe you should've been buying American steel from the beginning.

Now this is serious it's impacting businesses negatively if the impact were strictly to the consumer the gop could care less but hurt businesses god forbid $g$o$d

Maybe he should take a pay cut? Just an idea...

Well, take care of your employees and don’t picket your billions

Move everything back to the US.

Like thats a problem for them. Plus I would like to see the numbers.

Kokomothegreat Tell trump you likely voted for him.

WenWillRun The republican supporters will take that as a vote for Trump. The new dictionary will just have a picture of a MAGA cap as the definition of a moron.

Look out folks! The Wrecker-in-Chief is at it again!🔽🔽🔽🔽🔽🔽⬇️⬇️⬇️⬇️⬇️⬇️↘️↘️↘️↘️↘️↘️↘️↘️↘️↘️↘️

kurteichenwald Don't worry, Trump says he only hires the best people.

Suck it up. Be strong. Remember we the non 1%'ers have been losing a ton of cash for hundreds of years.

kurteichenwald Is America great again?

Quit crying.

Good.

winning

But Ford saving that much or more in corporate taxes.

Remember who he is loyal to and you won't be disappointed. RussiaOwnsTrump

realDonaldTrump Is this the winning you were talking about?

So much winning 🙄

Any trump supporters at ford?

I’m balling BS... tariffs aleffect the cost of new raw materials... hence the costs can be absorbed into the vehicles price... Ford is just a grossly mismanaged company, their trucks and SUV’s cost more than the competition yet they can’t turn a profit

Omg they may go bankrupt so sad. Fun fact they get there metal from Germany. So how about build a factory in the USA.

Oh well, Car companies need to adapt or they can die off.

How much did the bailout cost the taxpayers again?

“But Trump is doing great for the economy.” -MAGAts everywhere

Hell-of-a-businessman. Lawrence

It’s making a hole in the CEOs poor little pockets. Time to sale their yachts, private jets, and any vacation get away resorts they have, sacrifices have to be made.

Trump gave him fair notice, he should have sourced his metal from the U.S., this is an incompetent CEO!

Fords are garbage

And how many times has ford been bailed out?

Ford employees who voted and support Trump 🤨😂😂🤣

Then invest in AMERICAN STEAL!!! Enough of the China shit on out autos!

Why is it I feel that somehow forgot this much and more back from the tax scam passed by the GOP? Either way, a loss is a loss and if this is making America great again, you could understand why Mr. T has filed bankruptcy so many times.

“Trade wars are easy to win.”

gop GOPTaxscam

Yeah!!’Hackett the ——g gravy train is over. ...’No more American taxpayer subsidizing your overseas plants...FU

Hearts are with those affected

And guess what... tiny fingers doesn't give a crap!! He's too busy dangling Shiny objects.

And you know to offset that lost workers will be laid off. Smh 🤦‍♀️

Ford’s are junk. They couldn’t afford to stay in business without a bailout. Let them go under

Thoughts and prayers and I'll think for you

I dont care.

Take a cut in pay!

I’d say womp womp but this is shitty for Ford the fact that trump is being petty is costing them this much will end up with locations being closed jobs being cut and less and less people being able to afford basic necessities. How’s that trickle down economy going again?

scott_satzer Good. Screw American businesses.

MAGA, right Donnie boy

MAGA

realDonaldTrump .... Yes! 👍👌

packrat1201 Thanks Trump

Keep voting for those Republiclowns!

That’s MAGA right there .. show many jobs were lost due to this ShitholePresident ?

This Ford CEO is actually deflecting from his piss poor management.

Then tell these companies to stop moving to China, and building a censorship engine lol

Whoever thought a 6X bankrupt, corrupt, mafia ConMan would be good for America? 🙄

Winning!

AMERICA FIRST, AMIRITE?

So he's sa saying before the tariffs he was making money? So you rather go back to the old way where other countries "rob" us blind.

🤣 well maybe we can bail them out again 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 NOT!

Trump has now cost a manufacturing co 1Billion in tariffs. Is that what they call winning?

MAGA lol That felt weird

Don’t worry the fools at Ford Field watching the Lions will make up the difference in beer sales alone! Keep giving them your money they love it!

Shredded steel goes for 6 to 10 per hundred here Cooper alot higher ford's computer systems are by Microsoft aren't they supposed to be American

🙏🏼

Who will that pass down to?

They need that person who claims making the best deals, the most beautiful deals

This should be the number 1 news story. Not the Kavanaugh circus.

He couldn't care less.

Too many companies use to China products and materials they forgot how to make things all in America

Yeah... ok guy... you lost $1Bil in less than 2 months..? What the hell business model we’re you running? I drive a Ford... have for 2 decades.. explain how you lost $1Bil over a tariff. That’s hilarious. No you didn’t.

Cut benefits and wages. Gotta get them short term profits.

Aluminum is one of the highest cost materials and c channel steel worked for great for years on truck frames

This reporting is pretty unclear. Did it cost them already? What period? Or will it cost them? When? Seems like a pretty straightforward fact to get right?

They need to switch from over priced aluminum body to American steel build in America buy American parts and materials

Maybe Mr. Hackett and the board should all take a pay cut. We need to keep American companies supporting American industries.

To all the trump voters who work at Ford or own Ford stock..."thoughts and prayers" is all I got for you. Oh, and this...

All that winning?

Hard to believe not passing cost along. Poor management ?

I don't really care, do u?

bennydiego We spent 8 years trying to recover from Bush 2 damage to economy and never really did...We'll spend 2 generations trying to recover from the damage Trump does to America...

Okay now how much did Ford benefit from the Trump corporate tax cut? QUIT WHINING!

I’m reading this sitting across the street from a Ford plant. I see too many of my fellow Americans in this town working two jobs, working when they are injured, working when they should be retired, & working F/T but still can’t pay the bills. God forbid this Ford plant closes.

Patterico how you don't even use metal anymore do you ? everything I see is plastic !!!!

So much for the free market the right claims to support.

Thoughts and prayers.

Probably because they buy all their fucking steel and aluminum from China. Buy American.

It's almost as if letting a financial imbecile and blatant sociopath run an economy was a mistake............ But I voted for commonsense so my spirit is clean.........

Hey look. negative trump news top of twitter again. Thats 2 stories today. When was last positive trump story number 1? jack how much longer do u think the republicans will take this from u? Im hoping for large LARGE punitive damages and jailtime.

Hey I have an idea!!! Why don’t you greedy corporations build your cars from components made and originating from the United States 🇺🇸 I’m actually done with any company that outsources their labor and then cry’s about the cost and loss of profits .

Sorry I have zero sympathy. Buy American metals, it's kinda what made America a great country. I couldn't care less about the shareholders, it's more jobs and money for America workers.

realDonaldTrump SheriffClarke what up fools?

winning

Well..... Start building Fords here in the USA!

Sounds like the car companies are looking for another government bailout. Wah!

Boohoo.

MAGA ? Not so much, huh? ElectAClownExpectACircus

Then get your metal from America, stop trying to build a car that costs you 10 cents and selling it for 50k.

Lol

Buy more american metal...

And the man claims to have done so much good for America. He wonders why the room full of UN leaders giggled at him making that idiotic comment so confidently and proudly. The man is truly an embarrassment to this country. We deserve better.

So what is the breaking news exactly? We already know realDonaldTrump doesn't know anything about business. This what he, and Russia, wanted: Divide American citizens and weaken it's businesses.

Since June they have lost 1 billion? Not sure I buy that. Buy from the countries that did not get hit from the higher tariffs.

Tired of winning yet folks?

I wonder if he voted for Trump. I don’t feel sorry for anyone who did. But all we f us will feel the pain shortly

Borrow from Soros like before..

Ask James Hackett if he supported candidate Trump and voted for him?

Maybe trump will start cutting car makers welfare checks like he is for farmers... Soooo much winning!!!!😳

Guess they should not have sold out on 🇺🇸

Ouch. I mean OMG

mangomoron knows best ...not

Don't worry, they'll subsidize your loses and sell you a special MAGA hat.

But but but the Cheetos President Donald Dump says everything is fine. That can't be!!

1) take it out from the taxscam 2) ask "socialist" Trump to give bail out like he did with farmers

Well I guess they broke even because of the tax cuts to big corporations

And now the tariffs are affecting gaming PC parts as well. Thanks a goddamn lot, DNC. BernieWouldHaveWon

Thoughts and prayers.

WeTriedToTellYou

So does this mean there's higher supply around the rest of the world and UK for example can get them a lot cheaper as they aren't interested so much in US atm?

I good case study for outsourcing critical materials to a foriegn country. Ford followed the lower price and abandoned US industry. No reason domestic production could not be reestablished. Lesson learned from Supply Management 101 vs. Globalism utopia.

Way to help America!

Are they costing the carmaker, or is the carmaker just turning that around and passing on those costs to the consumer?

So much winning?!?

Trump just said you guys were winning. So it’s all good

Your government have not heard that.

Sure the tariffs cost them money but he cut those taxes though so it all balances out, right?

Maybe Ford could use US steel to make their cars to avoid tariffs?

$1 billion loss. Thanks a lot trump for higher car prices.

Cry harder.

Hey dint tell the consumers you’ll pass these charges off to tell your great corporate bag of garbage you all bowed to. You know the same slug who has bankrupted everything he touches. The one who knows so much about trade. I’ll wait....

Boo boo Ford lost money. So? I despise Trump but one would wonder where Ford CEO was when the Repubs pushed through that tax cut. Bet ya mf hands were out then weren't they?

guaita què diuen XSalaimartin

I've predicted this since the President began speaking about tariffs. Within a few short years, the price of most products will go up as producers pass on their costs to the consumer(s).

$70K for a pick up truck. Please spin again.

Трамп в такую мелочь,когда принимает решение не вникает, - два, три десятка разорённых компании, что это по сравнению с его великим планом по укреплению могущества страны.

FAKENEWS

Wow, time to MAGA

So who exactly gets this $1 billion in tariffs? We are all struggling to keep up and learn about all the ways that Trump is effing everything up.

UN this is trump tariff result. Please disregard this Presidency and wait for a new set of trade agreements ! DNC

ThankTheDotard4 your TradeWarTroubles.

MAGA Winning TrumpTrain

yay Trump! (not!)

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