Automotive giant Ford posted its first quarterly loss in two years on Wednesday after seeing $800 billion in tariff costs.

Ford reported $50.2 billion in second-quarter revenue, a 5 percent increase from the second quarter of last year.

The Dearborn, Mich., company reported a net loss of $36 million, stemming from “special charges related to a field service action and expenses related to a previously announced cancellation of an electric vehicle program.”

Costs related to tariffs........

© The Hill