Ford hikes Mustang Mach-E price due to Trump’s tariffs

Ford is raising the price of the all-electric Mustang Mach-E SUV and the popular entry-level Maverick pickup that is high as $ 2,000 because President Donald Trump is on Mexico’s vehicles due to import tax. According to ReutersThe

Higher prices can make traditional -based automackers like Ford selling their EV. Ford is already losing billions of dollars Scaling of the EV programThe If it can only become more difficult if it is, 7,500 federal EV tax credit LeavesWhich both Trump and House Speaker Mike Johnson have indicated something that is coming.

Ford said that the tariffs would add $ 2.5 billion to the company’s expense in the rest of 2021. General Motors says the impact can be as high as $ 1 billion.

The new price applies to vehicles built after May 2, reports Reuters. Ford did not immediately respond to any request for the comment.