Ford Reports Higher Profit Thanks Partly to Tariff Refund

Ford Motor reported a rebound in profit in the first three months of the year, thanks in part to an expected $1.3 billion refund of federal import tariffs that were struck down by the Supreme Court.The company said it earned $2.5 billion in the first quarter, up from $500 million a year earlier, while revenue climbed 6 percent, to $43.3 billion.“Ford delivered a solid start to the year,” the company’s chief…