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.

In a move triggered by escalating trade tensions, Ford Motor has halted shipments of several US-manufactured vehicles to China, citing the impact of high retaliatory tariffs. The automaker confirmed the suspension in a statement,