Economy

Trump Tweets Ford Can Make SUV in US It Won't.

Trump Tweets Ford Can Make SUV in US It Won't.”

"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", Mike Levine, a spokesman for Ford, responded to Trump's tweet this weekend. 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 US 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 USA given an expected annual sales volume of fewer than 50,000 units and its competitive segment", Mike Levine, a spokesman for the company, tweeted in response to the president's tweet.

Earlier this week, Apple said in a regulatory filing that the president's proposed $200 billion in fresh tariffs on China would cover "a wide range of Apple products", from its Mac Mini computer to cables, chargers and laptop cases.

The automaker decided a couple years back to shift production of the Focus to Mexico, then last year it opted for China instead. Kristin Dziczek of the Center for Automotive Research said Ford can make Focuses "in many other plants around the world, so if they made a decision to continue to sell a Focus variant in the U.S. market, there are several options other than building it in the United States".

San Francisco: Apple Inc. said proposed United States tariffs on $200 billion worth of products imported from China will raise prices for some of its popular consumer goods such as the Apple Watch and AirPods headphones. Trump wrote, citing a Reuters article posted on CNBC.

The Trump administration has imposed tariffs on $50 billion worth of Chinese goods, including some automobiles, in a move Trump has touted as necessary to punish Beijing for what he says are its unfair trade practices and intellectual property theft.

Trump told reporters Friday that the tariffs would "take place very soon".

The $200 billion of Chinese goods on the US list includes some consumer products such as cameras and recording devices, luggage, handbags, tires and vacuum cleaners, with additional tariffs ranging from 10 to 25 percent. It asked the government to come up with other measures to bolster the economy. In the article, a Ford official said it would have been a "niche vehicle" in USA markets, and will not cost jobs or hurt sales.



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