Ford suspends exports of several vehicles to China amid tariffs
The suspension affects exports of the F-150 Raptor pickup truck, Mustang sports car, Bronco SUV, and Lincoln Navigator, which are manufactured in Michigan and Kentucky.
The latest move comes after China implemented countermeasures to US import taxes, pushing tariffs on these vehicles as high as 150%.
A Ford spokesperson was cited by the newspaper as saying: 'We have adjusted exports from the US to China in light of the current tariffs.'
Last year, Ford exported approximately 5,500 units of the affected models to the Chinese market, a decline from an average of over 20,000 units annually in previous years.
Despite the halt in vehicle exports, Ford continues to ship US-built engines and transmissions to China.
The company is also maintaining imports of the Lincoln Nautilus from China to the US.
Ford and other manufacturers have also seen declining sales in China, partly due to the growing dominance of domestic Chinese car brands.
Ford's sales in China dropped to around 400,000 vehicles last year, compared to approximately 1.3 million in 2016.
Ford vice-chairman John Lawler was cited by the news agency as saying that the company's operations in China generated an operating profit of about $900m last year.
The company expects to increase the prices of its new vehicles if the tariffs remain in place, as suggested by an internal memo sent to dealers and seen by Reuters.
Earlier this week, Trump hinted at the possibility of modifying the auto-related tariffs, suggesting that exemptions on current levies might be considered.
Last month, Ford unveiled plans to invest up to €4.4bn ($4.8bn) into its German subsidiary, Ford-Werke, to revitalise and increase the competitiveness of its business.
"Ford suspends exports of several vehicles to China amid tariffs – report" was originally created and published by Just Auto, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hill
a minute ago
- The Hill
South Carolina Republican: High prices are ‘for the good of the country'
Rep. Ralph Norman (R-S.C.) acknowledged that the public is seeing higher prices as a result of tariffs imposed by President Trump, but argued the trade overhaul is 'for the good of the country.' 'I think a lot of people are seeing higher prices. Our family's in the construction business, and we get a lot of our timber from Canada and other countries. Yes, it's higher. Steel prices are up, but it's for the good of the country,' Norman said Saturday on Fox News when asked to explain the network's July poll showing that 55 percent of Americans disapproved of the president's handling of the economy. Norman, who is running to become South Carolina's next governor, told host Jon Scott that 'Should we expect high prices for a short time? Yes.' 'But overall, we couldn't keep going the way we were going. The cancer in this country was letting other countries rule the day and tax our products,' the South Carolina Republican said. 'And why should we run a deficit every month? And that's why this President is doing such a good job.' Trump's latest round of 'reciprocal' tariffs took effect on Thursday, impacting dozens of countries as the president realigns trade relations worldwide. Nearly all imports will face a 10 percent tariff. Some countries, such as Syria, face a 41 percent tariff, while others like South Korea and Japan are staring down a 15 percent import tax. 'And you can't go on… you know, poll numbers vary. They come up, they go down, but the bottom line is, he's doing the right thing, and it could come at a better time, and if things will get better here,' Norman said.
Wall Street Journal
2 minutes ago
- Wall Street Journal
Why India Can't Afford to Jettison Its Relationship With Russia
President Trump is using the threat of stiff tariffs to try to peel India away from Russia, as he attempts to boost pressure on Russian President Vladimir Putin to end the war in Ukraine. But decades of close economic, political and military relations between New Delhi and Moscow mean Trump faces a challenge in persuading Indian Prime Minister Narendra Modi to drop a partnership that has survived great geopolitical turmoil.
Yahoo
an hour ago
- Yahoo
Canadian Tourism to the U.S. Plunges in 2025—and These States Are Impacted the Most
Travel from Canada has dropped for six straight months, with some states seeing 30 percent or more Takeaway Canadians returning to the country by automobile from the U.S. declined 33.1 percent in June. In 2024, Canadian tourism generated $20.5 billion in across America are suffering from a steep decline in Canadian tourism following a tumultuous first half of 2025. Canadians returning to the country by automobile from the United States declined 33.1% in June, compared to the same time last year, according to Canada's national statistical agency. And Canadians returning from the U.S. by air dropped 22.1 percent. In fact, the agency said June was the sixth consecutive month of year-over-year automobile declines. The dip in Canadian tourists follows a turbulent political year that saw President Donald Trump campaign to make the country the '51st state." In February, then-Prime Minister Justin Trudeau called for Canadians to not spend their money on vacations in the U.S, instead asking them to "choose Canada" and change their "summer vacation plans to stay here in Canada and explore the many national and provincial parks, historical sites and tourist destinations our great country has to offer," according to The New York Times. As of April, advance bookings for flights from Canada to the U.S. between April and September were down more than 70% compared to the same time last year, according to Axios, citing statistics from aviation data firm OAG. Even just a small dip in tourism could be very costly since Canadian travelers typically account for the highest number of international visitors to the U.S., according to the U.S. Travel Association. In 2024 alone, a total of 20.4 million Canadians visited the country, generating $20.5 billion in spending. A 10 percent reduction in visitor numbers, for example, would equate to a potential loss of $2.1 billion. Some states will likely suffer more than others—Florida, California, Nevada, New York, and Texas tend to be the most popular states for Canadian visitors—but others have started to feel the crunch as well. In New Hampshire, which borders the eastern part of Canada, officials are seeing a dramatic drop in Canadian tourism. "Absolutely, the Canadian numbers are lower this year, for sure," Taylor Caswell, New Hampshire's commissioner for business and economic affairs, told local WMUR-TV. "They're running at about 30 percent underneath what we've seen in prior years." In Montana, credit card transactions have shown the impact of fewer tourists. Spending by Canadians in Kalispell, in the western part of the state, has decreased by an average of about 37 percent per month from January to April, Diane Medler, the executive director of Discover Kalispell, told NBC Montana. In nearby Whitefish, Canadian credit card spending has dropped 25 percent through the month of May, Zak Anderson, the executive director at Explore Whitefish, told the network. But not everyone is giving up. In September, for example, New Hampshire is planning its own trade delegation visit, WMUR-TV reported. "We're going to continue to focus on our relationships with Canada, which are quite important," the state's Gov. Kelly Ayotte said, according to the network. Read the original article on Travel & Leisure
