Skip to main content
The homepageThe VergeThe Verge logo.
The homepageThe VergeThe Verge logo.

US tariffs: how Trump’s tax is hitting Big Tech and beyond

See all Stories

Posted
U
External Link
Umar Shakir
Ford will raise prices on vehicles built in Mexico.

Beginning May 2nd, prices on vehicles such as the Mustang Mach-E EV could jump as much as $2,000, which Ford says will arrive in US dealer lots by late June. The news comes after Ford declared the Trump administration’s tariffs are adding about $2.5 billion of costs for the company in 2025.

Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.

Most Popular

Most Popular
  1. Epic just won its Google lawsuit again, and Android may never be the same
  2. Google’s Pixel Tablet is $190 off for a limited time
  3. All the news from Nintendo’s July 2025 Direct showcase
  4. Nintendo Switch prices are going up after this weekend
  5. Ford’s planning a ‘Model T moment’ for EVs on August 11th

More in News

Nintendo Switch prices are going up after this weekendNintendo Switch prices are going up after this weekend
Itch.io has begun restoring NSFW content, but only if it’s freeItch.io has begun restoring NSFW content, but only if it’s free
The $299 Halo smart glasses will remember the names of people you meetThe $299 Halo smart glasses will remember the names of people you meet
IRS head says free Direct File tax service is ‘gone’IRS head says free Direct File tax service is ‘gone’
Microsoft is killing off Windows 11 SE, its Chrome OS competitorMicrosoft is killing off Windows 11 SE, its Chrome OS competitor
Everything we think we know about the Google Pixel 10 phonesEverything we think we know about the Google Pixel 10 phones

Top Stories