Jaguar Land Rover is halting shipments of its British-made cars to the US as the repercussions of Donald Trump’s tariffs continue to impact the global economy.
Beginning Monday, one of Britain’s largest carmakers will pause shipments while it figures out how to manage the cost of the 25 per cent import tariff imposed by the US President.
This month-long suspension is part of a broader set of actions the Indian-owned carmaker – which employs 38,000 people in the UK – is taking to assess the damage caused by Trump’s trade war.
It is believed that JLR has a couple of months’ worth of cars already in the US that are not subject to the new tariffs.
Click this link for the original source of this article.
Author: Marty Kaufmann
This content is courtesy of, and owned and copyrighted by, https://www.offthepress.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact USSANews.com using the email address in the Contact page found in the website menu.
