UK's Jaguar Land Rover to halt US shipments over tariffs
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 TAMO.NS, confirmed the temporary export suspension after the Times newspaper reported the plan.
"As we work to address the new trading terms with our business partners, we are taking some short-term actions, including a shipment pause in April, as we develop our mid- to longer-term plans," JLR said in an emailed statement.
Britain's car industry, which employs 200,000 people directly, is highly exposed to the new tariffs. 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. It sells 400,000 Range Rover Sports, Defenders and other models annually and exports to the U.S. account for almost a quarter of sales.
The U.S. 25% tariff on imported cars and light trucks took effect on April 3, the day after Trump announced tariffs on other goods from countries across the globe.
Britain has said it is focused on trying to secure a trade deal with Washington.
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.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
UAE Moments
8 hours ago
- UAE Moments
US President Trump Extends TikTok Sale Deadline by 90 Days
In a significant move, U.S. President Donald Trump has extended the deadline for ByteDance, TikTok's parent company, to sell the popular video-sharing app's U.S. operations by 90 days. The US President posted on Social Truth, "I've just signed the Executive Order extending the Deadline for the TikTok closing for 90 days (September 17, 2025)." The TikTok ban took effect on January 19, one day before President Trump's inauguration. Upon taking office, President Trump gave TikTok 75 days to divest its U.S. business, but a second extension pushed the deadline to Thursday, June 19, but now the deadline is September 17. "We are grateful for President Trump's leadership and support in ensuring that TikTok continues to be available for more than 170 million American users," TikTok said in a statement. This article was previously published on saudimoments. To see the original article, click here
The National
13 hours ago
- The National
Has Europe given Iran an impossible nuclear ultimatum?
European negotiators have insisted Iran must accept that it cannot enrich uranium as part of its nuclear programme, so that peace can return to the Middle East, experts told The National. It is understood that Iran has been agreeable to limiting enrichment to 3.67 per cent, which is the standard level required for civilian nuclear reactors and was part of the previous nuclear agreement. But even this amount is unacceptable to the three European countries, Britain, France and Germany, currently holding talks with Iran in Geneva. 'The Europeans have now started insisting on zero as well, which the Iranians have said is going to be a non-starter,' said Darya Dolzikova, an expert on nuclear proliferation at the Rusi think tank. Iran has engaged in years of brinkmanship by defying international inspectors to enrich uranium to near weapons-grade level. Until the Israeli attacks of the last week, the threat of an assault on its installations seemed to have 'lacked some credibility for the Iranians'. In recent days the regime has appeared to accept the 3.67 per cent figure as a negotiating position, the same amount agreed under the 2015 JCPOA nuclear agreement. For any deal to last it will have to be signed off by US President Donald Trump who has also insisted on zero enrichment, said Richard Pater, director of Bicom, the Anglo-Israeli think tank. 'It all depends on whether 3.67 is acceptable to Trump or whether he's insisting on no enrichment whatsoever,' he said. 'But it's also this question of whether Trump will accept that [3.67 per cent] to get the big peace deal that he wants. Israel will then have no choice but to acquiesce to the American position.' Ms Dolzikova also argued that the Iranians would not agree to a deal that 'doesn't involve the United States as they are the critical players'. But Israel itself has insisted that it will not back down until Iran completely ends its nuclear programme and has made clear that any uranium enrichment on Iranian soil is something that it will not accept. Hasan Al Hasan, a nuclear expert at the International Institute for Strategic Studies, suggested that the 3.67 per cent figure was now redundant as 'there is no indication that Israel is in a mood to negotiate'. Having achieved near total freedom of action in the skies, Israel was likely to 'press ahead with its maximalist war objectives of eliminating Iran's nuclear and missile programmes and perhaps even regime change'. He added that Mr Trump's announcement that he would make no decision on joining the attacks - that would benefit from America's massive bunker-busting bombs - for the next two weeks was a signal for Israel to 'get the job done' in that period. But there is also a question whether within that fortnight window Israel, without US bombs, has the capability to destroy Iran's nuclear facilities. 'Israel is obviously probably more bullish right now and looking for the removal of the whole nuclear project in its entirety, but it remains to be seen whether that's in their gift,' said Ms Dolzikova. There is also a fear that if 3.67 per cent is agreed by Iran then it might in secret enrich uranium, and conduct a nuclear weaponisation programme viewing it as the only effective deterrent. 'If the regime survives this, then 3.67 per cent gives them another basis with which to start again,' said Mr Pater. 'Israel is under no illusion the Iranians given the chance, will do it all over again.'
Zawya
16 hours ago
- Zawya
Audi could build plant in US to placate Trump, Spiegel reports
Volkswagen's premium brand Audi could build a plant at a new location in the United States under scenarios being considered to placate President Donald Trump in the tariff conflict, the Spiegel news magazine reported on Friday. Audi is considering building a plant in the southern U.S., which would be the more expensive option out of a number of scenarios being considered, with company sources estimating costs of up to 4 billion euros ($4.6 billion), the report said. An Audi spokesperson said that the company aims to build up more of a presence in the United States. "We are currently examining various scenarios for this. We are confident that we will make a decision this year in consultation with the (Volkswagen) group on how this will look in concrete terms," she said in an emailed statement, reaffirming earlier comments made by the company. Audi has no production of its own in the U.S., but Volkswagen has a plant in Chattanooga, Tennessee and one under construction near Columbia, South Carolina. Trump's announcement of sweeping tariffs has already racked up hundreds of millions of euros in costs for German carmakers heavily reliant on their export business, according to an industry representative. BMW, Mercedes-Benz and Volkswagen are in talks with Washington over a possible import tariff deal , seeking to use their U.S. investments and exports as leverage to soften any blow, sources have told Reuters. ($1 = 0.8678 euros)
