Actually, Ford's tax rate has long exceeded 145% $Ford Motor(F.US), and most mid-to-high-end cars are the same.
Ford said it has stopped exporting SUVs, pickups, and sports cars to China because China's retaliatory tariffs against the U.S. have pushed the tax rate on these vehicles to as high as 150%. "Given the current tariff situation, we have adjusted our exports from the U.S. to China," Ford said in a statement.
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