On the surface, Ford (F) says it backs President Donald Trump and his tariff plan. "Ford supports the administration's goal to strengthen the U.S. economy by growing manufacturing, and we also support a level playing field globally for domestic and foreign original equipment manufacturers (OEM),

Ford Motor on Wednesday said it is raising prices on three models produced in Mexico, pointing to higher U.S. tariffs on imported vehicles as one reason for the adjustment. The vehicles subject to the price increases of up to $2,000 per model include the Maverick, Bronco Sport and Mach-E, Ford said in a statement to CBS News.

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.