"This auto can now be BUILT IN THE USA and Ford will pay no tariffs!"
President Donald Trump on Sunday suggested via Twitter that American automaker Ford could begin making its Focus model in the USA, and therefore circumvent his tariffs. Last year, Ford chose to shift production to China.
Ford didn't move production of the Focus to China by accident; it did so because the USA market has shifted away from smaller vehicles toward SUVs, which has made production of the Focus in the US -a relatively expensive location-an illogical choice.
The Focus Active was set to be the first Chinese-made Ford offered in the US, while General Motors now imports the Buick Envision SUV and Cadillac CT6 Plug-In Hybrid. Kristin Dziczek of the Center for Automotive Research said Ford can make Focuses "in many other plants around the world, so if they chose to continue to sell a Focus variant in the USA market, there are several options other than building it in the United States".
Despite tariffs hitting the Chinese economy, exports to the USA are still showing relative resilience and that will be something that will continue to draw the ire of Trump in this whole dispute.
The automaker has already said it has no plans to restart production elsewhere.
Europe name experienced wildcard Cup picks
The Ryder Cup might just provide the inspiration but the unique pressures of the contest are just as likely to inhibit. Garcia will make his ninth appearance despite a disappointing season in which he missed the cut in all four majors.
Beauty queens mourn the death of Miss Universe 1995 Chelsi Smith
Along with the post, Sushmita posted a photograph which captures the moment the Indian beauty had passed her crown to Smith. KTRK-TV cites a statement by the family of Chelsi Smith that says the pageant victor died Saturday at 45 years old.
Petrol, diesel prices hiked again on Monday
However, Finance Minister Arun Jaitley denied the request saying global oil prices volatile and haven't shown any linear movement. Delhi charges a Value-Added Tax of 27% on petrol and 17.24% on diesel while Mumbai has a maximum Value-Added Tax of % on petrol.
The U.S. has imposed US$50 billion worth of tariffs on Chinese goods with another US$200 billion in the final stages.
With Ford joining Apple in criticizing President Trump's tariffs, the pressure on the administration to back down and de-escalate the trade war is perhaps greater than ever.
Apple's letter says, "Our concern with these tariffs is that the USA will be hardest hit, and that will result in lower United States growth and competitiveness and higher prices for U.S. consumers".
The post caused a share price drop in many of Apple's Asian suppliers.
In the letter, Apple asks the United States government to "reconsider these measures and work to find other, more effective solutions that leave the USA economy and USA consumer stronger and healthier than ever before".