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.

Retooling at Kentucky Truck, which produces the cash-cow Super Duty pickups, also contributed to Ford Pro, the commercial vehicle business, reporting $1.309 billion in operating income, down 56% year-over-year, and a 8.6% operating margin compared to 16.7% a year ago. Ford had predicted $9 billion in annual earnings from the division.

Ford had previously said it expected earnings for 2025, before interest and taxes, to be $7 billion to $8.5 billion.