DETROIT, - Ford Motor plans to move production of some Lincoln models from China to the U.S. beginning in 2030, Ford's CEO told Reuters on Wednesday, saying the move was difficult but necessary to strengthen the U.S. auto manufacturing base. Gasoline-powered cars and electric vehicles imported from China are subject to hefty duties.
The U.S. tariff on the Lincoln Nautilus, the main vehicle Ford imports from China, is 52.5%, Ford confirmed. "We made this decision as soon as the policy of the administration was set," Ford CEO Jim Farley said, referring to the tariffs. "We knew exactly what they wanted to do, and we knew exactly what it meant for Ford," Farley said in a joint interview with U.S. Commerce Secretary Howard Lutnick. The U.S.-made Lincolns would be sold in the domestic market as part of a significant effort to scale up output, Farley said, although the company did not disclose where they would be produced.
