Motor industry giant Ford says that this year the tariff will cost $ 2BN (£ 1.5BN), despite the manufacture of most of its cars in the US, more than before.
The company says it had already paid an additional $ 800m in duties in the three months ended in June. It also caused losses related to cutting the electric vehicle program.
This is the latest signal of the impact of tariffs and further challenges on US President Donald Trump’s leading American firms as it wants to reopen global supply chains.
But Ford is seeing less clear tariff effects than some of its contestants because most of its construction is in the US.
Ford’s Finance Head Sheri House said the firm has increased its forecast for the cost of tariffs on its business as the levy on Mexico and Canada, where its facilities have longer, have been longer than expected.
He also pointed us towards tariffs on imported aluminum and steel.
Last week, rival car manufacturer General Motors said Tariff had already spent it more than $ 1bn, while Woakeswagen kept his hit at $ 1.5BN.
Ford CEO Jim Farley said the firm is in regular contact with the White House as the company tries to secure less tariffs, especially on vehicle parts.
“We see how the conversation with the administration is dependent on,” he said.
Trump has increased duties on most goods, targets special tariff cars and car parts as well as the major materials used to manufacture them.
He has said that the purpose of measures is to convince companies in the US and abroad to make their products in the US.
Ford shares were about 1.5% lower in extended trading in New York on Wednesday after the announcement of earnings.
