Ford Motor Company has announced a halt in shipments of its SUVs, pick-up trucks, and sports cars to China, as the automaker faces increasing challenges from retaliatory tariffs.
These tariffs, imposed on U.S.-manufactured vehicles, have soared to rates as high as 150%, creating significant barriers for American automakers operating in the Chinese market.
In a statement released on Friday, Ford acknowledged the impact of the current trade environment: “We have adjusted exports from the U.S. to China in light of the current tariffs.”