Ford Motor has hiked prices on three of its Mexico-produced models effective May 2, becoming one of the first major automakers to adjust sticker prices following U.S. President Donald Trump's tariffs.

Ford Motor is raising prices. This is how and when tariffs start to affect U.S. car buyers. President Donald Trump isn’t sure the price increases will go through, however. Prices for a Mustang Mach-E,

DETROIT -- Ford Motor Company says it is increasing the price of three of its most popular vehicles thanks to tariffs instituted by President Donald Trump. According to Reuters, the automaker informed dealerships this week that prices for the Mustang Mach-E electric SUV, Maverick pickup and Bronco Sport will increase in the coming weeks.