1513 ET - Ford has stopped shipping high-end pickup trucks, SUVs and sports cars to China to avoid tariffs, the Wall Street Journal reported Friday. The move comes as analysts expect automakers to start making more changes when it comes to trade to mitigate tariff costs. Ford's export business to China is small but profitable, with an operating profit of about $900 million last year, the WSJ said. Many automakers have been holding off on shaking up supply chains and trading, taking a wait-and-see approach to tariffs, which have been on again, off again. Ford's pullback marks an industry leader as tangibly pivoting operations to mitigate new trade policy as tariffs are expected to dent car companies' profits and raise vehicle prices, analysts say. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
April 18, 2025 15:14 ET (19:14 GMT)
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