Jaguar Land Rover pauses US shipments due to new tariffs, assessing financial impacts.
Jaguar Land Rover will pause shipments to the US for one month due to new 25% tariffs on foreign cars and a 10% tariff on global goods, imposed by President Trump. This pause aims to evaluate financial impacts and develop strategies to mitigate increased costs. The US is a crucial market for Jaguar Land Rover, and the tariffs have also caused significant losses in global stock markets.
7 days ago
160 Articles
Articles
Further Reading
You have 3 free stories remaining this month. Subscribe anytime for unlimited access.