Ford is increasing the prices of the all-electric Mustang Mach-E SUV and Maverick pickup by up to $2,000 due to Trump's import taxes on vehicles made in Mexico.
Higher prices may make it challenging for traditional automakers like Ford to sell their electric vehicles, especially as they are already facing significant losses in their EV programs.
The tariffs imposed by Trump are expected to increase Ford's costs by $2.5 billion through 2025, with General Motors anticipating a potential impact of up to $5 billion.
The new pricing will affect vehicles manufactured after May 2, and Ford has not yet commented on the price hikes.