Ford Motor is hiking prices on three of its Mexico-produced models effective May 2, becoming one of the first major automakers to adjust sticker prices following President Trump’s tariffs. Prices on the Mustang Mach-E electric SUV,

Big Three automaker Ford (F) is on deck to report first quarter results and reveal any impact President Trump's auto tariffs will have on its bottom line. Trump's 25% tariff on foreign auto imports will likely not hurt Ford as much as its rivals because 80% of Ford vehicles sold in the US are built domestically,

Ford Motor suspended its annual guidance on Monday because of uncertainty around U.S. President Donald Trump's tariffs, saying the levies would cost the company about $1.5 billion in adjusted earnings before interest and taxes.