Jaguar Land Rover pauses all US shipments this month in wake of tariffs

News Snapshot:

UK LUXURY CAR manufacturer Jaguar Land Rover has said that it will “pause” shipments to the United States this month as it addressed “the new trading terms” created by Washington’s tariffs. A 25% levy on all foreign cars imported into America came into force on Thursday, and a wider “baseline” 10% tariff on goods imported from around the world kicked in this morning. The move from the British car firm comes as companies are grappling with the new trade rules, and the fallout on the global stock markets. In a statement on Saturday, a JLR spokesperson said: “The USA is...