Ford motor He stopped the shipments of his SUV, trucks and sports cars to China in response to President Donald Trump’s tariffs, The Wall Street Journal This Friday, citing people familiar with the matter.
According to the report, this week the company suspended the shipments to China from its F-150 Raptors, Mustangs and Suvs Bronco Manufactured in Michigan, as well as the Navigators Lincoln produced in Kentucky.
The retaliation tariffs imposed by China, in response to taxes to imports established by the United States, have caused these vehicles opposite levies of up to 150%. Even so, the manufacturer is expected to increase the prices of its new vehicles if the tariffs continue, according to an internal memorandum sent to the dealers and seen by Reuters.
An analysis of the Automotive Research Center published earlier this month indicated that 25% tariffs on Trump’s automotive imports would increase costs for manufacturers by about 108 billion dollars in 2025.
Earlier this week, Trump suggested that he was considering a modification to tariffs related to the automotive sector, which would indicate that it could allow exceptions to existing taxes.
Intense Week of Negotiations
This week that President Trump starts on Monday, he hopes to reach agreements with Europe, China and others, so far there was nothing more than that: positive comments, but no agreement signed.
Ford
Depositphotos
It should be remembered that this Thursday the US president suggested that the end of the reciprocal tariffs to China could be close, and that an agreement on the future of the Tiktok social networks platform may have to wait.
“I don’t want them to go up because, at a certain point, people stop buying”Trump told journalists at the White House, referring to tariffs.“So you may not want to upload anymoreor not even reach that level. Maybe you want to download them, because One wants people to buy, and arrive a point, people are not going to buy”
Source: Ambito

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