Suspend American exports on Jaguar Land Rover
The spokesman said these are the company that the company will stop its shipments to America by April.
Trump’s duties
As a precursor to Jaguar Land Rover on Saturday US President Donald Trump presented his new « reciprocal import duties » decree this weekand one of the cornerstones of this is a separate 25 percent duty on vehicle imports.
Under the decree, the United States is differentiated for other sectors customs system It is introduced: In addition to the 10 percent base rate for imported imports outside the automotive industry, the European Union imports are charged by 20 percent, with Chinese imports 34 percent, including previously valid duties, and non -Britain -based non -automotive products.
According to London financial analysts American duties They can have a serious impact on the British automotive industry, which exports 110,000 vehicles a year to the US market.
One of the prestigious London economic policy research workshops, the Institute for Public Policy Research (IPPR), according to a newly designed model computing scenario, if the US government lasts 25 percent duty on imported passenger cars, it could end with 25,000 jobs in the British automotive industry. The American market takes it.
IPPR has stressed that Jaguar Land Rover exports most vehicles to the United States, so this company has a particularly high exposure to US duties, but the BMW -owned mini car manufacturer is also largely dependent on the US market.
According to IPPR, 2811 companies are currently in the Great Britain. These companies employ nearly 133,000 employees and their total annual turnover last year was £ 70.3 billion (33,750 billion forints).
The analysis also emphasizes that the automotive industry is the largest British exporter: the industry accounted for 13.9 percent of the total British goods in 2024.
(MTI)
