The American company Ford stopped exporting cars to China due to trade wars, reports Carscoops.com. Deliveries are paused by F-150 Raptor, Mustang, Bronco and Lincoln Navigator.
The decision was given due to high import tasks-Ford, currently wants to avoid paying the tariffs reported, 150%reaches a series of vehicles.
Before that, US President Donald Trump signed order Since April 3, the importation of automobiles, light trucks and automobile parts on the importation of 25 percent tasks.
“The car’s imports and some automobile parts continue to threaten US national security,” the document published in the federal record of the American government. He said.
25 % tasks began to operate for ready -made cars on April 3.
According to Trump, despite his efforts to make agreements with the European Union, Japan and other countries, “the threat has only increased.” Among the reasons, he called on the fragility of the supply chains described by the COVİD-19 PANDEM and the strengthening of foreign car manufacturers who supported support thanks to the “unfair subsidies and aggressive industrial policy”.
Trump said that only half of the cars sold in the United States are now produced within the country, which weakens industrial base and national security. The document is also an indication of the need to develop a mechanism that will expand the list of taxable goods that need to prevent possible ways to overcome new restrictions.
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Source: Gazeta
Anika Rood is an author at “Social Bites”. She is an automobile enthusiast who writes about the latest developments and news in the automobile industry. With a deep understanding of the latest technologies and a passion for writing, Anika provides insightful and engaging articles that keep her readers informed and up-to-date on the latest happenings in the world of automobiles.