UK fleet market fears U.S. tariffs could raise prices and hurt competitiveness of American cars.

The UK fleet market is worried about potential tariffs on US car imports, which could affect the competitiveness and prices of American car brands in the UK. This concern arises from ongoing trade negotiations and campaign promises by US President-elect Donald Trump to impose high tariffs on imported vehicles and goods from China. The Association of Fleet Professionals warns that these tariffs could significantly impact the global car market, especially electric vehicles, leaving UK fleets in a precarious position.

November 14, 2024
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