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Ford cuts 2018 profit forecast after Trump tariffs and China sales hurt second quarter

- Juli 26, 2018

Ford Motor Co (F.N) on Wednesday lowered its full-year earnings forecast due to slumping sales and trade tariffs in China and its struggling business in Europe, and said ongoing plans to revamp its business could lead to pre-tax charges of up to $11 billion over the next three to five years. Ford, t...

The post Ford cuts 2018 profit forecast after Trump tariffs and China sales hurt second quarter appeared first on Raw Story.

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