Jaguar Land Rover (JLR) has paused deliveries to the US in response to a 25% tariff imposed by Donald Trump on foreign-made vehicles, a move that could significantly affect profits since the US market represents over a quarter of its sales. The company, owned by Tata Motors, has lowered its profit margin forecast and is considering price increases in the US to offset the tariffs. JLR is actively engaging with US and UK policymakers amid trade deal discussions to navigate this challenging landscape.
The British luxury carmaker Jaguar Land Rover has warned that Donald Trump's tariffs will negatively impact profits after halting deliveries to the US market.
The company is exploring price increases in the US to mitigate tariff effects, while continuing dialogue with both US and UK governments on potential trade agreements.
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