• Ford Warns of Falling Profit With $2 Billion Tariff Hit

    From Gronk@21:1/5 to All on Fri Aug 1 00:16:01 2025
    XPost: alt.fan.rush-limbaugh, alt.politics.democrats.d, or.politics

    https://www.bloomberg.com/news/articles/2025-07-30/ford-sees-steep-profit-drop-with-tariff-tab-rising-to-2-billion

    Ford Motor Co. said its profit this year is
    poised for a sharp drop on the growing fallout
    from President Donald Trump’s tariffs,
    underscoring the dramatic policy shifts in
    Washington that are upending the auto industry.

    The Dearborn, Michigan-based automaker forecast
    adjusted earnings before interest and taxes
    this year will fall by as much as 36%. That’s
    in large part due to a net tariff impact of
    $2 billion, about $500 million more than the
    company expected previously.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Chris Ahlstrom@21:1/5 to Gronk on Fri Aug 1 06:25:14 2025
    XPost: alt.fan.rush-limbaugh, alt.politics.democrats.d, or.politics

    Gronk wrote this post while blinking in Morse code:

    https://www.bloomberg.com/news/articles/2025-07-30/ford-sees-steep-profit-drop-with-tariff-tab-rising-to-2-billion

    Ford Motor Co. said its profit this year is
    poised for a sharp drop on the growing fallout
    from President Donald Trump’s tariffs,
    underscoring the dramatic policy shifts in
    Washington that are upending the auto industry.

    The Dearborn, Michigan-based automaker forecast
    adjusted earnings before interest and taxes
    this year will fall by as much as 36%. That’s
    in large part due to a net tariff impact of
    $2 billion, about $500 million more than the
    company expected previously.

    Not to worry. Trump'll bail 'em out... for a small donation.

    --
    FORTUNE PROVIDES QUESTIONS FOR THE GREAT ANSWERS: #21
    A: Dr. Livingston I. Presume.
    Q: What's Dr. Presume's full name?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Mitchell Holman@21:1/5 to Chris Ahlstrom on Fri Aug 1 13:24:04 2025
    XPost: alt.fan.rush-limbaugh, alt.politics.democrats.d, or.politics

    Chris Ahlstrom <[email protected]> wrote in news:106i4mb$aofv$[email protected]:

    Gronk wrote this post while blinking in Morse code:

    https://www.bloomberg.com/news/articles/2025-07-30/ford-sees-steep-pro
    fit-drop-with-tariff-tab-rising-to-2-billion

    Ford Motor Co. said its profit this year is
    poised for a sharp drop on the growing fallout
    from President Donald Trump’s tariffs,
    underscoring the dramatic policy shifts in
    Washington that are upending the auto industry.

    The Dearborn, Michigan-based automaker forecast
    adjusted earnings before interest and taxes
    this year will fall by as much as 36%. That’s
    in large part due to a net tariff impact of
    $2 billion, about $500 million more than the
    company expected previously.

    Not to worry. Trump'll bail 'em out... for a small donation.



    Federal interference in the marketplace!

    Unless a conservative does it..........





    Bailout......................Year.........Cost.............President



    Chrysler.....................1980.......$4.0 billion.....Carter

    Continental Bank........1984.......$9.5 billion.....Reagan

    Savings & Loan..........1989.......$293.3 billion...Bush

    Airline Industry...........2001.......$18.6 billion....Bush

    Bear Stearns...............2008.......$30 billion......Bush

    Fannie Mae.................2008.......$400 billion.....Bush

    A.I.G.............................2008.......$180 billion.....Bush

    Auto Industry...............2008.......$25 billion......Bush

    TARP...........................2008.......$700 billion.....Bush

    Citigroup.......................2008.......$280 billion.....Bush

    Bank of America...........2009......$142 billion....Obama

    US Farmers.................2019.....$28 billion......Trump

    Covid......................2020......$500 billion.....Trump

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)