London: US President Donald Trump has announced a 25 percent tariff on Europe’s auto sector including Britain, making car exports expensive to the US from European countries. At such a time, Tata Motors, a subsidiary of Tata Motors, Jaguar Land Rover has decided not to export its cars in Britain for a month to the US.
According to media reports, Jaguar Land Rover, a subsidiary of Tata Motors, is Britain’s largest car manufacturer. The decision taken by the company will be applicable from Monday. 25 percent tariff imposed on the auto sector by the US government has come into effect from Thursday. It is believed that the company has taken this decision to avoid Trump’s tariff. Jaguar Land Rover is a company that employs 38,000 people in Britain.
JLR already has a two -month stock of cars in America, which will not affect the new tariff. The company said in a statement that the US is an important market for JLR’s luxury brands. However, we are interacting with our business partners on new business terms. So we have decided not to export our cars to America for a month in April. We are currently planning a long -term plan in this regard. Trump’s new tariff is expected to have a serious impact on the British Automotive company. British car manufacturers are facing a decline in domestic demand and need to re -prepare their production plants to make electric vehicles.
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