JLR to 'pause' shipments to US after Trump tariffs
Car giant JLR has announced a pause in shipments to the United States to tackle "address the new trading terms" imposed by Donald Trump's tariffs.
Thursday saw the imposition of a 25% tax on all foreign-made vehicles entering the US, followed by the introduction of a 10% "baseline" tariff on global imports on Saturday morning.
JLR, formerly Jaguar Land Rover, is one of many firms worldwide contending with the repercussions of the new trade rules and the resulting market instability.
In a statement issued on Saturda
Recommend
Packaging firm bought by Coral Products in £500,000 deal with 55 jobs saved
2025-04-17 17:49:01
2025-04-17 17:49:01
Government mulls nationalising British Steel amid threat of Scunthorpe closure
2025-04-17 17:49:01
2025-04-17 17:49:01
Arla Foods to merge with German milk cooperative to form €19bn revenue giant
2025-04-17 17:49:01
2025-04-17 17:49:01
Nissan reveals new European range including Sunderland-built Leaf and Juke - and a comeback for the Micra
2025-04-17 17:49:01
2025-04-17 17:49:01
Cycling accessories firm secures funding to expand Bristol HQ
2025-04-17 17:49:01
2025-04-17 17:49:01
Fears for Scunthorpe steelworks jobs as consultation launched on closure
2025-04-17 17:49:01
2025-04-17 17:49:01
Trump's tariffs are a 'lose-lose' - West Midlands business leaders react to the new import tax
2025-04-17 17:49:01
2025-04-17 17:49:01
Rolls-Royce shares rebound after losing more than £10bn in value since Trump's tariffs
2025-04-17 17:49:01
2025-04-17 17:49:01
Liverpool and Greater Manchester will have 'key role in global space economy' thanks to landmark deal with Axiom Space
2025-04-17 17:49:01
2025-04-17 17:49:01
Airea looking to benefit of multimillion-pound investment effort as sales grow
2025-04-17 17:49:01
2025-04-17 17:49:01
