UK-based Jaguar Land Rover has announced that it will be temporarily halting shipments to the US following President Donald Trump’s decision to impose a 25 percent tariff on passenger vehicles and other auto imports. This pause is expected to take effect this month, as reported by the . The full impact of these tariffs is still unknown, but it is likely to result in increased costs for both new and used cars.
In a statement to AP, Jaguar Land Rover emphasized the importance of the US market for its luxury brands. The company stated, “As we work to navigate the new trading terms with our business partners, we are implementing some short-term measures, including a shipment pause in April, while we develop our mid- to longer-term strategies.”
President Trump’s tariffs extend beyond the auto industry, and the response from the US’ trading partners is just beginning. The president has implemented a 10 percent baseline tariff on «all countries» this week, with some countries facing even higher «reciprocal» tariffs. One immediate consequence of these tariffs is that Nintendo has been impacted in the US.
This article was originally published on Engadget at .
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