Learn English: Ford's Car Trouble with Tariffs! (easy)

1 month ago

Ford's Car Trouble with Tariffs!

Ford, a big car company, is losing lots of money because of special taxes on things they buy.

These taxes make the parts for their cars more expensive, costing them about two billion dollars!

They already paid extra money, and it's more than they thought it would be because of taxes on stuff from Mexico and Canada.

Even though they make many cars in America, these taxes are still causing big problems for Ford.

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Source

Original: BBC News

Tags

#Ford #Trump Tariffs #US Economy #International Trade #Automotive Industry

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