Jaguar Land Rover plans to temporarily halt shipments of cars manufactured in the UK to the United States for around a month, as it seeks ways to counter the impact of the 25% tariff imposed by President Donald Trump. This move was reported by the Times newspaper. Despite efforts to obtain a comment on Saturday, Jaguar Land Rover, a subsidiary of India's Tata Motors, remained silent.
Concerns are rising about the consequences of tariffs on Britain's automotive industry, which directly employs 200,000 individuals. The U.S. is the second-largest market for British-made cars after the European Union, holding a share of nearly 20%, according to data from the industry body SMMT.
Jaguar Land Rover, a major UK car manufacturer, sells approximately 400,000 vehicles annually, including Range Rover Sports and Defenders. The U.S. market contributes to nearly a quarter of these sales. The 25% tariff imposed by the U.S. on imported cars and light trucks came into effect on April 3, coinciding with Trump's announcement of tariffs on various goods from multiple countries worldwide, causing disruptions in global trade.
As efforts are made by Britain to negotiate a trade agreement with the U.S., it is noted that Jaguar Land Rover likely has a strategic stockpile of cars already in the U.S., exempt from the newly imposed tariffs, as per the report by The Times.