Ford has been injured the most by Trump’s tariffs. They build most of their products within the United States, but Ford and their suppliers buy most of the raw materials for those parts from outside of the United States. That is why you can count on there being massive upcoming layoffs across the Country because all of this stuff has ripple effects. If Ford, GM, etc, lay off people then their suppliers will also layoff people. If all of those people are laying off people then businesses like Walmart, restaurants, banks, etc., are going to start laying off people. If those groups are laying off people then local and State governments will start laying off people, because there will be less sales tax revenues for their operations. Trump and the Republican party have already began cutting the safety net programs so this will be bad but this is what this Country voted for..
Ford’s $3 Billion Tariff Hit Could Raise Car Prices | Kiplinger
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