Ford's vehicle prices could rise this summer if 25% auto tariffs remain in place, the company said in a memo to dealers.

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 may raise prices on its new vehicles if U.S. President Donald Trump's auto tariffs continue, according to a memo sent to dealers on Wednesday that was reviewed by Reuters.