Ford Motor Co. reported first quarter profits down across all its divisions, but it said it has managed to mitigate some tariff exposure.

Ford is less affected by President Trump’s 25 percent tariffs on vehicles than other automakers because most of the vehicles it sells in the United States are made in the country. General Motors said last week that the tariffs would increase its costs $4 billion to $5 billion this year.

Retooling at Kentucky Truck, which produces the cash-cow Super Duty pickups, also contributed to Ford Pro, the commercial vehicle business, reporting $1.309 billion in operating income, down 56% year-over-year, and a 8.6% operating margin compared to 16.7% a year ago. Ford had predicted $9 billion in annual earnings from the division.