Jaguar Land Rover Pauses Shipments to the US Following Trump Tariffs

British luxurious automaker Jaguar Land Rover is halting shipments of its vehicles to the US this month because it navigates President Donald Trump’s new 25% tariff on imported cars.

In an announcement Saturday, a spokesperson for the corporate informed Enterprise Insider: “The USA is a vital marketplace for JLR’s luxurious manufacturers. As we work to handle the brand new buying and selling phrases with our enterprise companions, we’re enacting our short-term actions together with a cargo pause in April, as we develop our mid- to longer-term plans.”

The Instances of London first reported the pause.

JLR stated in a separate assertion on Wednesday that its manufacturers have been “accustomed to altering market circumstances” and that it was prioritizing “delivering for our shoppers around the globe and addressing these new US buying and selling phrases.”

The corporate, which employs nearly 40,000 individuals internationally, is likely one of the UK’s most iconic carmakers and has lengthy been widespread with celebrities in each Britain and the US. JLR’s retail gross sales have been up 21.7% to only over 430,000 automobiles within the fiscal yr 2023 to 2024, together with roughly 95,000 in North America, in response to its annual report.

JLR’s resolution to pause US shipments follows an enormous world inventory market sell-off sparked by Trump’s slew of latest tariffs, which he introduced this week.

A baseline 10% tariff on buying and selling companions got here into impact on Saturday, whereas greater levies on some nations are set to start on April 9.

Whereas Trump sees the duties as a way of bolstering home funding and “supercharging” the economic system, many analysts are questioning the potential financial penalties.