Jaguar Land Rover stops US shipments as I come up with a Trump tariff plan
The United Kingdom-based Jaguar Land Rover says pausing consignments in the United States after President Donald Trump has imposed a 25 percent tariff for passenger vehicles and other car imports. The pause will be in force this month, Reports. While the full impact of tariffs remains to be seen, This move can eventually increase the price of new and even used cars.
“The United States is an important market for JLR luxury brands,” Jaguar Land Rover says in a statement to APS “While working to deal with the new conditions for trading our business partners, we are taking some short -term actions, including the break of the shipment in April, as we develop our plans from the environment to the long -term to the long -term.”
Trump’s tariffs go well Beyond the automotive industryAnd we only see the beginning of how trading partners in the United States will react. President 10 percent base tariff for all countries this week, and some will face even higher “reciprocal” tariffs. Among the immediate effects, Nintendo has in the US.
This article originally appeared on Engadget at https://www.engadget.com/transportation/jaguar-land-Rover-us-us-susictions-kile-it-figures- Plan-RCS-TarIFS-1712
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