Luxury automaker announces medium- to long-term suspension of imports to the United States
Jaguar Land Rover announced last Saturday, the 5th, that it will suspend imports to the United States. The decision is based on the ‘Trump Tariff Surge,’ an international tariff policy implemented by the White House last Wednesday, April 2nd.
The tariffs tax imports from other countries by at least 10%. Jaguar Land Rover, which is headquartered in the United Kingdom, stated that it will pause shipments to the country led by Trump.
“As we work to address the new trade terms with our business partners, we are taking some short-term measures, including a pause in shipments in April, while we develop our medium- and long-term plans,” the company said in a statement.
Although the minimum tariff for several international nations is 10%, the luxury automaker must deal with a 25% tax on products shipped to the United States.
Source and images: Olhar Digital / X @FoxNews. This content was created with the help of AI and reviewed by the editorial team.
