19.04.2025 10:20
The automotive giant Ford has implemented a new regulation regarding its sales. The company announced that it is adjusting its shipments by halting the export of certain car models to avoid the additional tariffs of up to 150% that Beijing has imposed in retaliation against the U.S.
Ford announced that it has adjusted its shipments by halting the export of certain car models following China's retaliatory tariffs of up to 150%. Reports in the US media indicated that Ford has stopped the shipment of some car models to China to avoid customs duties. The reports stated that China's countermeasures in retaliation against the US have raised the customs duties on cars to as high as 150%.
ADJUSTMENT IN EXPORTS
In Ford's statement regarding the matter, it was stated, "We have adjusted the exports from the US to China in accordance with the current customs duties." The statement did not provide details about the adjustment, nor did it specify how long the shipments have been halted or which models have been affected. In response to the "reciprocal" tariffs announced by US President Donald Trump for all countries, China retaliated, escalating the tariff standoff between the two countries.