šØ BREAKING: Ford Halts Shipments of F-150s, Mustangs & Broncos to China
Why? The U.S.-China trade war is backāand itās getting ugly.
#Ford #USChinaTradeWar
2/
The U.S. just unleashed a new wave of tariffsādubbed the āLiberation Dayā tariffsāto strike back at Chinaās āunfair trade practices.ā
Some Chinese imports could now face tariffs as high as 245%.
China wasnāt going to sit that one out.
3/
Beijing fired back with tariffs of up to 150% on U.S. goods.
And now, American companies are in the crosshairs.
Ford, a major exporter to China, decided to pause shipments to dodge heavy losses.
4/
But it doesnāt stop there.
Ford is now weighing price hikes as early as July if this trade standoff drags on.
An internal memo warned of āsignificant cost increasesā in the months ahead.
5/
A Ford spokesperson tried to calm nerves:
āCustomers have plenty of inventory to choose from through June 2⦠but the tariff situation is dynamic, and weāre watching closely.ā
Translation: Brace for turbulence.
6/
Even Wall Street is sweating.
JPMorgan CEO Jamie Dimon is urging both sides to step back, warning this clash could do āirreparable damageā to the global economy and Americaās reputation.
7/
So whatās next?
More tariffs?
Retaliation?
Or maybeājust maybeāa truce?
For now, Washington and Beijing are playing a dangerous game of chicken with the global economy on the line.
8/
This is more than just a Ford headlineāthis is about:
Global supply chains
Consumer pricing
Economic stability
Stay locked in. This story is far from over.
#Ford #china #GlobalMarkets #Geopolitics