Ford posts first quarterly loss in two years after $800 million tariff hit
Automotive giant Ford posted its first quarterly loss in two years on Wednesday after seeing $800 billion in tariff costs. Ford reported $50.2 billion in second-quarter revenue, a 5 percent increase from the second quarter of last year. The Dearborn, Mich., company reported a net loss of $36 million, stemming from “special charges related to…
