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Bloomberg Quint

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Image Credit: Bloomberg Quint

JLR To Pause Exports To US In April On Trump Auto Tariffs

  • Jaguar Land Rover, the luxury unit of India’s Tata Motors Ltd., has decided to pause exports to the US in April in light of auto tariffs.
  • On April 2, US President Donald Trump brought into effect via an executive order a 25% tariff on all foreign carmakers.
  • India’s carmakers are largely insulated from Trump’s move as their exports to the US are miniscule.
  • In FY24, the UK unit of India’s third largest carmaker drew 23% of its revenue and 26% of wholesale volumes from the US.

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