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Ford Motor is one of the first major cars to adjust the tag prices of Mexican models produced by Mexican produced May 2, after the US president Donald Trumps Tariffs.
Mustang Mach-E will increase prices, Maverick Pickup and Bronco Sport in some models, according to the seller, sent to the sellers reviewed by Reuters.
Earlier this week, US President Donald Trump said the trade war will add about $ 2.5 billion to 2025, but it is expected to reduce what they expected to be exposed to $ 1 billion. Rival Motors GM.N, this is expected to pay at least 30 percent of this on the foreign import of tariffs between $ 5 billion between $ 5 billion between $ 5 billion.
Ford spokesman, in late June of the price increase, the seller will affect the vehicle built after May 2, he said. The press secretary said that the price increase was “ordinary” reflecting the average price measures, “he united with some tariffs facing. We did not pass our customers full value of tariffs.”
Ford shares fell in the morning in the morning. According to Spokeso, the car manufacturer is still holding a discount program about many July 4 weekend.
Trump tariffs, the United States and the United States and the United States and the United States and the United States and Europe transferred their production, and companies caused empty plants.
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After a few weeks of pushing from the automotive industry, Trump, in the United States and softened tariffs with external automatic car parts to prevent double tariffs about the production of auto production. However, the White House did not cancel the US imports by eight million vehicles each year.
Analysts, US car sales, tariffs remain in place, he said that more than a million vehicles can fall in place a year.
Ford is in better condition for air tariffs than some rivals due to a strong US-based base. Dearborn, Michigan car manufacturer, 79 percent of the United States sold by the domestic and 53% of GM compared to 53 percent, he said.
Again, Maverick from Ford, Mexico imports one of the most affordable and popular vehicles. Most of the United States face a significant price increase in cheaper models produced in the country.
Ford and GM also face significant ways to import from China and South Korea. GM estimated that the costs associated with Korean imports about $ 2 billion, Ford refused to determine the expenses of vehicles around China.
–Nora Eckert report; Andrew edited by the heavens, Kirsten Donovan
