Jaguar Land Rover (JLR) announced plans to stop the supply of its British cars to the US for the moon when it clarifies the consequences of 25% tariffs imposed by the president Donald Trump.
The Indian Tata Motors owns JLR, and the company has confirmed its temporary pause with Reuters.
“When we work on resolving new trading conditions with our business partners, we take some short-term actions, including pausing in April when we develop our average and long-term plans,” JLR said.
A Automobile industry in the UK About 200,000 people work, although the industry has been subjected to Trump’s new tariffs.
Tariff shock: Nasdaq gets into the bear market; S&P, Dow Sink
(Reuters/Andrew Boyers/File)
JLR did not immediately respond to the request of Fox Business about the comments before the pause.
US-DRUGS BUILDER IMPORTER British vehicles After the European Union reports WIRE.
As one of the largest UK producers, JLR said the US was an important market for its luxurious brands.
10% of Trump’s basic tariffs to imports from many countries currently operating
President Donald Trump holds a “mutual tariffs” schedule during a show at the White House on April 2, 2025. (Chip Somodevilla/Getty Images)
JLR sells 400,000 defenders, Range Rover Sports and other models each year, although exports to the US about a quarter of the company.
On April 2, Trump introduced his latest tariff plan by introducing a 25% tariff for imported cars and trucks that came into force the next day. Trump also announced tariffs for other goods from countries around the world, not just in imported cars.
Trump administration tariff plan aligned Basic tariff With 10% on all imports in the US, while for higher tariffs, individual tariffs have been set. The 10% basic tariffs came into force on Saturday and other tariffs will come into force on April 9.
Having also losing the winners of the Trump Liberation Day tariff plan
President Donald Trump has announced that it is introducing 25% of the Foreign Imports and aluminum in the United States. (Brandon Bell/Getti Image/File)
Trump pointed to the European Union during its proclamation and stated that the United States is charged by a 20% tariff for 39% of the US tariffs in Japan, will see 24% of the tariffs compared to 46% if the country charges the US, while China will suffer from 34%. This charges the US in the US.
The tariffs created, Trump explained, will not be full of mutual tariffs, because its administration was “very good” and the equal tariffs, which make up about half of what the specific nation was charged by the United States at tariffs.
“For the peoples that relate to us, we expect the combined speed of all their tariffs, unmatched barriers and other forms of deception,” Trump said on Wednesday.
Get the Fox Business on the go by clicking here
“And since we are very good, we will pay them about half of what they are and we charge us,” he said. “So, the tariffs will not be complete. I could do it, yes, but it would be difficult for many countries.”
Emma Colton and Reuters Fox News contributed to this report.
https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/11/0/0/TECH-LAYOFFS-BRITAIN-AUTOS-e1668793337373.jpg?ve=1&tl=1
2025-04-07 00:38:00
