Ford Motor urges U.S., China to resolve trade issues

Ford Motor Co on Wednesday said it encouraged the U.S. and Chinese governments to "work together to resolve issues" after China retaliated against U.S. plans to impose tariffs with a list of similar duties.

"We encourage both governments to work together to resolve issues between these two important economies," Ford said in a statement.

Responding to tariffs imposed by the Trump government less than 11 hours later, China issued a list of duties on key American imports including soybeans, planes, cars, beef and chemicals in a move that sent global markets lower.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)