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 said on Friday it has halted shipments of its SUVs, pick-up trucks and sports cars to China, as it starts to face the heat from retaliatory tariffs that have seen vehicles face taxes as high as 150%.