Ford tells Trump why it won't make China-built vehicle in US

Ford tells Trump why it won't make China-built vehicle in US

"It would not be profitable to build the Focus Active in the US given an expected annual sales volume of fewer than 50,000 units", Ford said Sunday.

Ford earlier announced it would not ship the cars from China to the United States because tariffs would make them too expensive, prompting a Trump tweet saying "This is just the beginning".

President Trump has a solution for how Ford and Apple can avoid getting dinged by his administration's tariffs: shift their manufacturing to the U.S. In a public letter to the government, Apple highlighted how the latest $200 billion worth of tariffs would "ultimately show up as a tax on USA consumers, [and] they will increase the cost of Apple products that our customers have come to rely on in their daily lives".

"It would not be profitable to build the Focus Active in the US given an expected annual sales volume of fewer than 50,000 units and its competitive segment".

An index of global stock markets rose on Monday for the first time in eight trading sessions on optimism about policy from Italy to the United States, dodging anxiety about the U.S.

Apple has indicated Apple Watch, AirPods could see prices rise in the U.S., thanks to Donald Trump's proposed tax for products from China.

Mr. Trump presumably learned about Ford's decision to cancel the Focus Active from a TV news program and inferred the announcement meant that Ford would build the CUV in America.

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An Apple spokesman did not immediately respond when asked for comment.

In addition, the chip industry is a source of trade surplus for the U.S., including with China, Intel argued.

Trump's threatened tariffs cover a total of $517 billion in Chinese goods, which would exceed last year's goods imports of $505 billion from China.

The company said the additional proposed tariffs will require it to hike the cost of many of its products in the US.

The U.S. has imposed US$50 billion worth of tariffs on Chinese goods with another US$200 billion in the final stages.

Auto industry analyst Ed Kim told the Guardian that Trump's tariffs have, effectively, ruined Ford's plan for the Focus.

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