Jaguar Land Rover has sent vehicles to the US for the first time in a month after halting exports following Donald Trump’s 25% tariff on foreign-manufactured carsTarrifs have hit Jaguar Land Rover’s exports(Image: PA)
Jaguar Land Rover has resumed shipping vehicles to the US after a hiatus caused by President Donald Trump’s trade war.
The first shipment of cars bound for the US in almost a month left the UK on Wednesday, representing an about-turn for the West Midlands car giant.
The British automotive giant had put a stop to transatlantic deliveries on April 7 following Trump’s announcement of a 25 per cent tariff on foreign-made vehicles.
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While JLR has not made an official statement regarding the resumption of exports, a spokesperson told The Times: “The US is an important market for JLR’s luxury brands and 25 per cent tariffs on autos remain in place.
“As we work to address the new US trading terms with our business partners, we are enacting our planned short-term actions, as we develop our mid to long-term plans. We will give a further update in our full-year results in May.”
Last month, markets surged when Trump unexpectedly suspended his ‘Liberation Day’ tariffs for 90 days.
Gv of JLR / Jaguar Land Rover / signage outside the factory on Lode lane, Solihull.(Image: Birmingham Live)
However, the 25 per cent tax on car imports was not part of this suspension, offering little relief to the global automotive industry.
On Tuesday, Trump announced a series of measures aimed at reducing the import tax burden on carmakers for foreign components.
Several companies have refrained from issuing financial forecasts for the coming year due to the unpredictability sparked by Trump’s tariffs. This includes Mercedes-Benz, Stellantis, and most recently, Chevrolet’s parent company General Motors, which held back guidance on Tuesday.
“The difficulty for the automotive space is tariffs have been ladled on top of an existing soup of problems which were already proving difficult to digest,” commented Russ Mould, investment director at AJ Bell.
The imposition of tariffs adds another layer to what is already a complex situation for carmakers, who are grappling with the ongoing challenges that the transition to electric vehicles (EV) brings. This shift has made it tough for manufacturers to create long-term strategies due to the constantly evolving landscape of policy and regulations.