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Ford will raise Mustang Mach-E prices in part due to tariffs
Ford confirms that tariffs are in part to blame for rising prices on models made in Mexico.
The Trump administration has long insisted that tariffs are not paid for by the American consumer, and while the company made clear it was absorbing some of the increased cost, it could not absorb all of it.A Ford spokesperson told Reuters that the price increase is partly due to typical mid-year repricing "combined with some tariffs we are facing. Despite the administration's partial acquiescence to automakers last week in softening the blow on auto tariffs, EV makers Rivian and Lucid have said higher costs are coming. Making matters worse, Speaker of the House Brian Johnson all but confirmed to Bloomberg recently that Congress is likely to end the EV tax credit saying, “I think there is a better chance we kill it than save it, but we’ll see how it comes out.”
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