Ford Motor Company (NYSE:F) has stopped shipping several of its US-manufactured vehicles to China due to steep retaliatory tariffs imposed by the Chinese government, according to a report from the Wall Street Journal (WSJ).
The affected models include the F-150 Raptor, Mustang, and Bronco, built in Michigan, and the Lincoln Navigator, produced in Kentucky, the WSJ reported.
The decision follows recent tariff increases by China, with rates on imported American vehicles reaching as high as 150%. These tariffs have significantly raised the cost of US-made vehicles in the Chinese market, reducing their competitiveness and affecting profitability.
Ford will continue shipping US-made engines and transmissions to China, per the report.
The Lincoln Nautilus, assembled in China, will also continue to be exported, although it remains subject to Chinese tariffs.
"We have adjusted exports from the US to China in light of the current tariffs,” a Ford spokesperson told the WSJ, with specifically commenting on models or timing.
Ford is relatively insulated from the impact of the tariffs as its exports to China represent a small portion of its overall business at $900 million in earnings before interest and taxes in 2024. The company shipped about 5,500 vehicles to China last year, a significant decline from more than 20,000 annually earlier in the decade.
If the tariffs remain in place, the company may consider raising vehicle prices in the US to offset rising costs.
Ford shares traded 1% lower at about $9.50 in early trade on Monday.