British luxury manufacturer Jaguar Land Rover interrupts his shipments to his cars to the United States this month while sailing the new 25% price for President Donald Trump on imported cars.
In a statement on Saturday, a company spokesperson told Business Insider: “The United States is an important market for Luxury JLR brands. While we are working to combat new negotiation conditions with our business partners, we implore our short-term actions, including a shipping break in April, while we are developing our medium-term plans.”
The Times of London first reported the break.
JLR said in a separate declaration on Wednesday that its marks were “used to the evolution of market conditions” and that it favored “to deliver our customers to the world and attack these new American negotiation conditions”.
The company, which employs nearly 40,000 people around the world, is one of the most emblematic car manufacturers in the United Kingdom and has long been popular with celebrities in Britain and the United States. JLR retail sales increased by 21.7% to reach just over 430,000 vehicles during the year 2023 to 2024, including around 95,000 in North America, according to its annual report.
JLR’s decision to break the American shipments follows on a massive world stock market sale launched by the breath of Trump prices, which has entered into force this week.
A 10% reference rate on business partners entered into force on Saturday, while higher samples from certain nations should come into force on April 9.
While Trump considers duties as a means of strengthening domestic investment and “overeat” the economy, many analysts question the potential economic consequences.