Significant losses for Ford as a result of customs duties

A rise in car prices for Ford. 

 

Ford Motor Company reported that it has raised the prices of its car

Manufactured in Mexico for about 2000 dollars, and this is the result 

of To impose the new tariffs imposed by President Trump As a result,

Ford shares fell by 1.50% .

The company also stated that it will not put the full burden on the client

And they will bear part of the price increase, 

which will cost the company Huge financial losses estimated

at more than 2 billion dollars for the current year .