Ford halts shipments of F-150s, other models to – Business News
Ford Motor has halted shipments of its SUVs, pick-up vehicles and sports activities automobiles to China within the wake of President Trump’s tariffs, the Wall Street Journal reported Friday, citing people acquainted with the matter.
The company this week halted shipments of its F-150 Raptors, Mustangs and Michigan-built Bronco SUVs in addition to Kentucky-made Lincoln Navigators to China, the report mentioned.
Ford Motor reportedly halted shipments of its SUVs, pick-up vehicles and sports activities automobiles to China within the wake of President Trump’s tariffs. AP
China’s retaliatory tariffs in response to US import taxes have seen these automobiles face a tariff as high as 150%.
The automaker didn’t instantly reply to a Reuters request for remark.
The development comes as US automakers scramble to discover methods to deal with Trump’s on-again, off-again tariffs, that are anticipated to dent earnings of carmakers and elements suppliers likewise.
Ford additionally exports US-built engines and transmissions to China, which the report says will proceed regardless of the pause on exports of assembled automobiles.
Its Lincoln Nautilus model, which is manufactured in China, can also be anticipated to have continued shipments, regardless of heavy tariffs, the report added.
