Ford has halted shipping expensive Raptors, Mustangs and more to China as tariffs soar to 150%. It still exports some engines and transmissions.

Ford Motor said on Friday it has halted shipments of its SUVs, pick-up trucks and sports cars to China, as it starts to face the heat from retaliatory tariffs that have seen vehicles face taxes as high as 150%.

The tariffs in question have raised import taxes on certain vehicles to as much as 150 per cent, creating a challenging environment for American carmakers.