Ford 'adjusts' some exports to China due to tariffs

In airy of caller tariffs, Ford has halted shipments to China of F-150 Raptors, Mustangs and Broncos. Photo: Hector RETAMAL / AFP/File
Source: AFP

Citing the US-China commercialized conflict, Ford said Friday it has "adjusted" its exports to the country, wherever the US car elephantine operates manufacturing jointly with section partners.

"We person adjusted exports from the US to China successful airy of the existent tariffs," Ford told AFP without specifying the models affected.

The US car elephantine halted Michigan-made shipments of the F-150 Raptor, Mustang and Bronco sport inferior vehicles, according to a Wall Street Journal study Friday.

Also affected was the Lincoln Navigator, which is built successful Kentucky, the paper said.

Over the past decade, Ford has sold astir 240,000 vehicles successful China exported from the United States. But volumes fell sharply successful 2024 to astir 5,500.

The determination is the latest ripple effect from an escalating commercialized warfare betwixt Beijing and Washington.

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Despite pulling backmost connected galore different tariffs, President Donald Trump has stuck steadfast to US duties connected Chinese goods and raised them to 145 percent. In turn, China has accrued tariffs connected US exports, including cars, to 125 percent.

Overall, Ford sold 442,000 vehicles -- made successful the United States and elsewhere -- successful China successful 2024, comprising 1.6 percent of the market, according to the carmaker's latest yearly report.

The US institution operates a fig of manufacturing associated ventures successful China with Chinese companies, producing vehicles nether some the Ford and Lincoln brands.

Some of Ford's accumulation successful China is exported to different markets. One of these vehicles, the Lincoln Nautilus, is present taxable to hefty US tariffs, according to the Wall Street Journal.

Ford's Chinese ventures resulted successful 2024 operating profits of astir $900 million, Ford Vice Chairman John Lawler said this week astatine a fiscal conference.

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Source: AFP