Ford announces lower model prices following Trump's 25% tariffs on non-American-made vehicles
The automobile manufacturer is offering what it coined a “handshake deal with every American,” one day following the imposition of 25% tariffs on non-American-made vehicles.
Ford on Thursday announced a new, lower-cost vehicle pricing plan – “From America, For America” – following President Trump unveiling the previous day 25% tariffs on non-American-made vehicles.
The spring plan will offer employee pricing to potential customers for most vehicles – electric, gas-powered and hybrid – with the exception of some higher-end models include Navigator SUVs.
Ford’s chief policy officer, Steve Croley, confirmed the plan Thursday morning on The Fox News Channel.
Addressing customer concerns and uncertainty about the tariffs he said, “We want them to be assured that Ford, the most American auto company, is going to do right by them, as are our dealers.”
The Facts Inside Our Reporter's Notebook
- Steve Croley told Fox News
- according to Ford’s announcement.