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New tariffs are creating important financial strain not only for Ford but also for other major American automakers like General Motors Company. Industry projections suggest these duties could result in annual expenses ranging from $4 billion to $5 billion for these companies.
The German public media has highlighted President Trump’s “America First” policy, noting that the tariffs he has implemented have already negatively impacted the profitability of German automotive giants such as BMW, Mercedes, and Volkswagen. However, the repercussions of Trump’s trade policies extend beyond foreign manufacturers, also affecting prominent American corporations like General Motors Company and Ford.
