UK's Jaguar Land Rover to pause shipments to US over tariffs - News Summed Up

UK's Jaguar Land Rover to pause shipments to US over tariffs


LONDON (Reuters) -Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, it said on Saturday, as it considers how to mitigate the cost of President Donald Trump's 25% tariff. Jaguar Land Rover, which is owned by India's Tata Motors, confirmed the temporary export suspension after the Times newspaper reported the plan. The United States is the second-biggest importer of British-made cars after the European Union, with nearly a 20% share, data from industry body SMMT shows. Jaguar Land Rover, one of Britain's biggest producers by volume, said in its statement that the U.S. was an important market for its luxury brands. The Times said that Jaguar Land Rover is thought to have a couple of months' supply of cars already in the U.S., which will not be subject to the new tariffs.


Source: The Times April 05, 2025 10:47 UTC



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