Ford blames tariffs for nixed plans of China-imported car

Ford will not ship its Focus model from China to the U.S. because it would be too expensive given the tariffs imposed in July, the Wall Street Journal reports — the company's stock fell more than 2% following the announcement.

Why it matters: Ford, which has been criticized by President Trump for shifting production to plants outside of the United States, is one of the first in the auto industry to link a substantial business decision directly to effects of the trade war. The automaker initially planned to ship a newer version of the compact car from its production site in China starting next year.