Trump metals tariffs will cost Ford $1 billion in profits, CEO says

(Reuters) - Steel and aluminum tariffs imposed by the Trump administration have cost Ford Motor Co (F.N) about $1 billion in profits, its chief executive officer said on Wednesday, while Honda Motor Co (7267.T) said higher steel prices have brought “hundreds of millions of dollars” in new costs.
Read more: https://www.reuters.com/article/us-ford-motor-tariffs-idUSKCN1M61ZN?source=Snapzu