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Story summary
- Ford Motor Co. will shift Lincoln production from China to the United States beginning in 2030.
- CEO Jim Farley said a 52.5% tariff on the Lincoln Nautilus from China prompted the move.
- Commerce Secretary Howard Lutnick praised the shift, citing Toyota’s Texas plant and $23-hour trainee wages.
- Ford announced a sub-$30,000 Fathom pickup and warned that tariffs cost the company billions, burdening buyers.
