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Trump’s tariffs dent foreign automaker profits in China, production shift likely to ensue

[ UPDATE 20180910 ] Ford recently announced that it has scrapped plans to import Chinese-made Ford Focus back into the U.S.

On a day when industry icon Sergio Marchionne passed away, foreign automakers including the U.S. Big Three reported some somber numbers in their second-quarter earnings as far as profitability in China is concerned.

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