Ford Reports Increased Profit, Citing $1.3 Billion Tariff Refund

Ford Motor announced higher profits, partly attributed to an anticipated $1.3 billion refund from the federal government for tariffs previously paid and later overturned by the Supreme Court.

29 Apr, 20:27 — 29 Apr, 20:27

Post Share

Sources

Showing 1 of 1 sources

NYTMostly Factual127d ago

Ford Reports Higher Profit Thanks Partly to Tariff Refund

Ford Motor said it expected the federal government to refund $1.3 billion the company paid in tariffs that were later struck down by the Supreme Court.

By Neal E. Boudette

Read full article →

Ford Reports Increased Profit, Citing $1.3 Billion Tariff Refund

Sources

Ford Reports Higher Profit Thanks Partly to Tariff Refund

Related Stories

Strong US Jobs Report Sparks Concerns Over Potential Federal Reserve Rate Hike

Dutch Central Bank Relocates Gold Reserves From U.S. Amid Geopolitical Concerns

FTSE Russell Adds Ten Nigerian Companies to Frontier Market Index

Markets Rally as Fed’s Waller Signals Potential September Rate Pause