{"id":26411,"date":"2025-04-05T17:49:58","date_gmt":"2025-04-05T17:49:58","guid":{"rendered":"https:\/\/news.godj.com\/news\/jaguar-land-rover-to-pause-us-shipments-over-tariffs\/"},"modified":"2025-04-05T17:49:58","modified_gmt":"2025-04-05T17:49:58","slug":"jaguar-land-rover-to-pause-us-shipments-over-tariffs","status":"publish","type":"post","link":"https:\/\/news.godj.com\/news\/jaguar-land-rover-to-pause-us-shipments-over-tariffs\/","title":{"rendered":"Jaguar Land Rover to pause US shipments over tariffs"},"content":{"rendered":"


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Jaguar Land Rover has announced it will “pause” all shipments to the US as it works to “address the new trading terms” after tariffs were imposed earlier this week.<\/p>\n

A 25% levy on car imports came into force on Thursday, one of several measures announced by US President Donald Trump which have sent shockwaves through global supply chains.<\/p>\n

The US is the second largest export market for the UK’s car industry, after the European Union.<\/p>\n

In a statement, a Jaguar Land Rover spokesperson said the company was “taking some short-term actions including a shipment pause in April, as we develop our mid to longer-term plans”.<\/p>\n<\/div>\n

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The Coventry-based car manufacturer – which also has sites in Solihull and Wolverhampton – said the US is an “important market for JLR’s luxury brands”.<\/p>\n

More cars are exported to the US from the UK than any other good. In a 12-month period up to the end of the third quarter of 2024, the trade was worth \u00a38.3bn, according, external to the UK trade department<\/a>.<\/p>\n

An initial wave of tariffs on cars came into effect from 3 April, with import taxes on auto parts due to follow next month.<\/p>\n

A separate 10% tariff will be imposed on all other UK imports, with higher rates in place for some other major economies.<\/p>\n

Global stock markets have incurred heavy losses<\/a> in recent days as firms grapple with how to adapt to the new trading environment.<\/p>\n

The FTSE 100 – which measures the performance of the 100 leading firms listed on the London Stock Exchange – plummeted by 4.9% on Friday, its steepest fall since the start of the pandemic. <\/p>\n

Exchanges in Germany and France also saw similar declines.<\/p>\n

Sir Keir Starmer has said the UK will take a calm approach to the trade tariffs and has ruled out “jumping into a trade war”.<\/p>\n

The prime minister spoke to his French counterpart Emmanuel Macron on Saturday, the first of several discussions planned between Sir Keir and European leaders over the weekend.<\/p>\n

Downing Street said Sir Keir and Macron had agreed “a trade war was in nobody’s interest” but “nothing should be off the table”.<\/p>\n

On Thursday, the prime minister warned the global economy was “entering a new era” and said there would “clearly” be an impact on the UK.<\/p>\n

The government is consulting on products it could impose retaliatory measures on but talks between UK and US officials continue on a possible trade deal which the British governments hopes would see tariffs relaxed.<\/p>\n

Sir Keir is holding talks with other European leaders to discuss how to respond to the White House’s trade moves.<\/p>\n<\/div>\n


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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Jaguar Land Rover has announced it will “pause” all shipments to the US as it works to “address the new trading terms” after tariffs were imposed earlier this week. A 25% levy on car imports came into force on Thursday, one of several measures announced by US President Donald Trump which have sent shockwaves through […]<\/p>\n","protected":false},"author":1,"featured_media":26412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53],"tags":[7016,5404,9403,9402,9404,1694],"class_list":["post-26411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-jaguar","tag-land","tag-pause","tag-rover","tag-shipments","tag-tariffs"],"_links":{"self":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/26411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/comments?post=26411"}],"version-history":[{"count":1,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/26411\/revisions"}],"predecessor-version":[{"id":26413,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/26411\/revisions\/26413"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media\/26412"}],"wp:attachment":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media?parent=26411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/categories?post=26411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/tags?post=26411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}