• About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions
Wednesday, July 29, 2026
Verily News
No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
No Result
View All Result
No Result
View All Result
Home Business & Economy

Ford Halts Export of Specific Vehicle to China

April 19, 2025
in Business & Economy
Reading Time: 2 mins read
0
ford
Share on FacebookShare on TwitterShare on Linkedin
Spread the love

Ford Motor Company has suspended exports of its SUVs, pickup trucks, and sports cars to China, citing mounting obstacles from ongoing trade tensions and steep retaliatory tariffs imposed by Beijing.

These levies on U.S.-built vehicles, now reaching up to 150%, have severely hindered American automakers’ competitiveness in the Chinese market.

In a Friday statement, Ford confirmed the move, stating that they have adjusted exports from the U.S. to China in light of the current tariffs.

Ford said the pause affects shipments of popular models, including the F-150 Raptor, Mustang, Michigan-assembled Bronco SUVs, and Kentucky-produced Lincoln Navigators.

Even amid the suspension, Ford will continue to export U.S.-built engines and transmissions to China. Additionally, the Lincoln Nautilus, a model manufactured domestically within China, remains unaffected by the export suspension, although it continues to suffer the impact of elevated tariffs

These fluctuating trade policies have placed enormous pressure on automakers and parts suppliers. With surging costs and operational disruptions expected to undercut profitability.

In a report from the Center for Automotive Research, the 25% tariffs imposed on U.S. automotive imports are projected to increase costs for automakers by approximately $108 billion by the end of 2025.

The analysis emphasized the significant financial burden that such policies impose, not only on manufacturers but also on consumers who may face higher vehicle prices.

A Reuters-reviewed internal Ford document indicated the automaker is weighing potential price increases for its new models to offset persistent tariff-related pressures.

Though Ford is well-positioned compared to some competitors, producing nearly 80% of its U.S.-sold vehicles domestically, the tariff-driven expenses could necessitate price adjustments in order to safeguard profit margin.

ALSO READ TOP STORIES FROM VERILY NEWS

Tags: ChinafordtariffUS
Share200Tweet125Share35
Previous Post

US, Iran Resume Nuclear Talks in Rome Amid Mounting Tensions

Next Post

Putin Declares Easter Truce in Ukraine Conflict Amid Trump’s Mediation Efforts

Related Posts

Euro

Naira vs Euro Exchange Rate—29th July 2026

by Victoria Ogbadu
July 29, 2026
0

The naira clawed back some ground against the euro in Wednesday's official market session, with Central Bank of Nigeria (CBN)...

Apple

Apple Market Value Tops $5 Trillion for First Time

by Victoria Ogbadu
July 29, 2026
0

Apple Inc. wrote a new chapter in Wall Street history on Tuesday, briefly touching a $5 trillion market valuation and...

naira

Naira vs Dollar Exchange Rate—29th July 2026

by Victoria Ogbadu
July 29, 2026
0

The Nigerian Naira opened trading on Wednesday at an average official exchange rate of ₦1,364.54 to the US Dollar, extending...

Oil

Global Oil Prices—29th July 2026

by Victoria Ogbadu
July 29, 2026
0

Oil prices jumped over 3% on Wednesday as military escalation, Middle East tensions, and tightening U.S. supply data rattled already...

TEXTILE

FG in Talks to Restore Textile Factories, Ajaokuta Steel Plant

by Victoria Ogbadu
July 28, 2026
0

The federal government has intensified efforts to resuscitate Nigeria's dormant textile factories and the long-abandoned Ajaokuta Steel Company in what...

Load More
Next Post
A photo combo of Putin and Zelensky

Putin Declares Easter Truce in Ukraine Conflict Amid Trump’s Mediation Efforts

SPEED

Speed Darlington Explains Why He Lost Boxing Match Against Portable

JAMB

JAMB Reschedules 2025 UTME, Opens Portal for Exam Slip Printing

China’s Humanoid Robots Take to the Streets in Historic Half-Marathon

China’s Humanoid Robots Take to the Streets in Historic Half-Marathon

Photo of fubara

Easter: Fubara Advocates Peace, Unity, and Support for Tinubu

VOLVO

Volvo to Slash Up to 800 of its US Workforce

One Confirmed Dead, 13 Rescued in Lagos Building Collapse

Lagos Building Collapse: One Confirmed Dead, 13 Rescued

nigerian

Nigerian Gospel Artist Bolaji Olarewaju Dies After Brief Illness

Man City’s Top Four Hopes Brighten as Southampton Avoid Record Low

Man City’s Top Four Hopes Brighten as Southampton Avoid Record Low

Pope Francis Makes First Public Appearance Since Feb 14

Pope Francis to Celebrate Easter Amid Ongoing Recovery

Cartoon of The Week!

Verily_Cartoon_29_07_2026
THE ILLUSION OF CHOICE
  • Trending
  • Comments
  • Latest
cbn governor olayemi cardoso

CBN Approves Merger Between Two Banks

February 23, 2026
2027: APC Governors Endorse Next Senate President After Akpabio

APC Governorship Candidate Joins ADC

March 16, 2026
NNPC Increases Petrol Price

NNPC Reduces Fuel Price

March 17, 2026
Kenya Airways

Viral video: Drama at Airport as Nigerian Woman Clashes with Kenya Airways Over Visa Issue

0
NLC

NLC Suspends Nationwide Protest Over Telecom Tariff Hike

0
VeryDarkMan

VeryDarkMan Vows to Uncover Truth in Mercy Chinwo and Ex-Manager’s Controversy

0
Euro

Naira vs Euro Exchange Rate—29th July 2026

July 29, 2026
2027: OK Movement Appoints National Secretary

2027: OK Movement Appoints National Secretary

July 29, 2026
Apple

Apple Market Value Tops $5 Trillion for First Time

July 29, 2026
Verily News

Copyright © 2025 Verily News.

Navigate Site

  • About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions

Follow Us

No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story

Copyright © 2025 Verily News.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Get Breaking News Alerts on WhatsApp