Elon Musk says he hopes in the future where tariffs are no longer necessary for the US and Europe.
Jaguar Land Rover (JLR) announced on Saturday plans to suspend your British vehicles to the US for a month as it detects the consequences of 25% of the tariff deposited by the President Donald Trump.
India Tata Motors owns JLR and the company confirmed its temporary break with Reuters.
“When we are working on solving new business conditions with our business partners, we take several short -term steps, including the transport pause in April, as we develop our medium to long -term plans,” JLR said.
The automotive industry in the UK It employs about 200,000 people, although the industry has become highly exposed to new Trump tariffs.
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(Reuters/Andrew Boyers/File)
JLR did not respond immediately to Fox Business's request about a comment to a pause.
The US is the second largest importer British vehicles He reported a wire after the European Union.
As one of the largest British producers, JLR's volume said in a statement that the US was an important market for its luxury brands.
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President Donald Trump holds a chart of “mutual tariffs” while talking in the White House 2. April 2025. (Chip somodevilla/getty images)
JLR sells 400,000 defenders every year, Range Rover Sports and other models, although exports to the US make up about a quarter of the company's sales.
Trump introduced his latest tariff plan 2. April and deposited 25% tariff on imported cars and trucks that came into force the next day. Trump also announced tariffs for other goods from countries around the world, not just imported vehicles.
The plan of Trump's Trump Administration has equalized and Basic tariff 10% of all imports to the US, while adapted tariffs were set for countries that have higher tariffs on US goods. The basic tariffs of 10% entered Saturdays, while the other tariffs come into force on April 9.
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President Donald Trump announced that he deposited 25% tariff in the United States on all imports of foreign steel and aluminum. (Brandon Bell/Getty Images/File)
Trump pointed to the European Union during its announcement and said the US would charge the EU by 20% tariff, compared to 39% of the US tariffs, Japan will see 24% of tariffs compared to 46% that the US charge, while China will be hit by 34% of the tariff compared to 67% of the US
Adapted tariffs, as Trump explained, would not be full of mutual tariffs, because its administration was “very kind” and balanced tariffs, which are about half of what a particular nation charges the US for tariffs.
“For nations that are difficult to treat us, we calculate the combined rate of all their tariffs, non -monetary barriers and other forms of cheating,” Trump said on Wednesday.
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“And because we are very kind, we charge them about half of what they are and blamed us,” he said. “So tariffs will not be fully reciprocal. I could do it, yes, but for many countries it would be hard.”
Emma Colton and Reuters Fox News Digital contributed to this report.
