Tariffs will cost Ford $1.5 billion

[zvez]

You didnt see where my number was for 2023 and yours was 2024?
But still... How many Billions does a company need to make in profit before they wont pass on unforeseen expenses to the customer? What do you feel is "enough profit?" My point being that its not ALL the govt here. The companies RAKING in the cash are ALSO responsible for inflation/rising costs. Not because they are not making enough money, but in my mind, because of greed. Ford cant get by on 4.5 billion in profit in a year? I suspect we ALL know they can. AND cant the deal maker in chief point that out to them? I thought he was the "best" at deals.

Actually net income for 23 was posted in the link I mentioned, 4.4 billion. Corporations are in the business to make money. Anyone with a 401k is invested in corporations. A large chunk of their profits are paid out in quarterly dividends. Corporations whole reason for existence is to make profit. They're not a charity. FYI in 2024 ford LOST 5.1billion on EVs.
From the link:

Ford Motor Annual Net Income (Millions of US $)
2024	$5,879
2023	$4,347
2022	$-1,981
2021	$17,937
2020	$-1,279
2019	$47
2018	$3,677

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[ChasingCoral]

But I thought Trump said China was going to pay for this? Or was that Mexico?... ?

China's going to cover the tariffs.
Mexico's going to pay for the wall (last Trump presidency).

 

[stoopid]

China's going to cover the tariffs.
Mexico's going to pay for the wall (last Trump presidency).

Oh yeah, forgot about the wall. Is that not happening (again)? Or was money less valuable 4 years ago?

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