By Admin 
Former US Vice President Mike Pence has questioned the tariff policies of Donald Trump. Posting on social media platform X, he said that only our companies and consumers pay the value of tariffs. He shared an article stating that Ford paid $ 800 million in just three months, while most of its cars are made in the US. Mike Pence was the Vice President during the last term of Donald Trump.
‘Company talks with Trump administration to reduce tariffs’
According to Bloomberg’s report, Ford’s Chief Executive Officer said that the company is in touch with the White House and is talking to the Trump administration about low tariffs. Trump has increased the fee on most goods, which includes the items used in cars and car parts as well as their manufacture.
Ford paid $ 800 million
Ford makes more vehicles than any other car manufacturer in the United States. The company built 1.8 million cars last year. In the US, 57 thousand employees do in Ford Company. Ford is being badly affected by Trump’s tariff. The company has announced that it has paid $ 800 million for tariff expenses during the second quarter of 2025. The company believes that its annual profit will be reduced by about $ 3 billion due to tariff.
Trump administration opened poll
Following Ford’s statement, the Trump administration’s absurd statement came to an end in which he said that the tariff does not affect the product making companies in the US. Trump has imposed 50 percent tariff on steel and aluminum. Auto -making companies need these two metals the most.
By asking for parts of the car from other countries, 25 percent of the tariffs on it have a profound effect on any American car manufacturer. Similarly, General Motors has told that due to tariff in the second quarter, he has lost more than 1 billion dollars. Many car companies of America, including Ford, have been avoiding putting the burden of tariffs on consumers till now, but they will not be able to do this for a long time with the increasing deficit.
Also read: India will not be charged 25 percent penalty? Pakistani experts said- Two big leaders will have a meeting and Trump will also reduce the tariff.