Dearborn: US auto giant Ford Motor Company has suspended its financial guidance for the 2025 full-year forecasts due to an anticipated $1.5 billion impact from President Donald Trump's tariffs. This development comes despite the company surpassing first-quarter expectations in revenue and profit.

According to Anadolu Agency, Ford announced that it expects a "tariff-related net adverse adjusted EBIT impact of about $1.5 billion for full year 2025, subject to ongoing tariff-related policy developments." The company has decided to suspend its financial guidance, including full-year adjusted EBIT and adjusted free cash flow, due to the uncertainty surrounding tariffs.

Ford highlighted several risks, including retaliatory tariffs, potential industrywide supply chain disruptions affecting production, and the possibility of future or increased duties in the US as reasons for halting its guidance. The company reported $40.7 billion in total sales for the first quarter, marking a 5% decrease from the same period last year but still exceeding expectations.

The company posted adjusted EBIT results of $1.02 billion and a net income of $471 million. Ford indicated that it was on track with its original projections, which included capital expenditures between $8 billion and $9 billion, adjusted free cash flow of $3.5 billion to $4.5 billion, and adjusted earnings before interest and taxes (EBIT) of $7 billion to $8.5 billion, excluding the impact of tariffs.

"We are strengthening our underlying business with significantly better quality and our third straight quarter of year-over-year cost improvement, excluding the impact of tariffs," said Ford President and CEO Jim Farley. The US automotive industry is currently dealing with 25% tariffs on imported vehicles that were implemented last month and 25% duties on auto parts that do not comply with the US-Mexico-Canada Agreement, which took effect recently.