Jaguar Land Rover restarts car exports to the U.S., London’s Times reports

Jaguar Land Rover restarts car exports to the U.S., London’s Times reports


A used Range Rover Evoque vehicle for sale at a Land Rover dealership in Tucson, Arizona, US, on Tuesday, April 1, 2025. 

Bloomberg | Bloomberg | Getty Images

Jaguar Land Rover has restarted shipments of vehicles to the United States after pausing them in the face of U.S. President Donald Trump’s tariffs, London’s Times newspaper reported on Saturday.

The first shipments of JLR vehicles bound for the U.S. for almost a month left Britain on Wednesday, the report said.

JLR, which is owned by India’s Tata Motors, did not immediately respond to a Reuters request for comment.

It said in April it would pause shipments of its Britain-made cars to the U.S. for a month as it considered how to mitigate the cost of Trump’s 25% tariff on imported cars and light trucks, which came into effect on April 3.

Employees work on a Rolls-Royce Trent 7000 engine for an Airbus SE A330neo aircraft at the Safran SA plant in Colomiers, France, on March 25, 2025.

‘We won’t be shy’: How European companies are raising prices on American customers over U.S. tariffs

Trump said on Thursday he will soften the blow of his auto tariffs through an executive order mixing credits with relief from other levies on parts and materials.

British luxury carmaker Aston Martin’s CEO Adrian Hallmark said on Wednesday it would split the costs from U.S. tariffs between the company and its customers, and sell down its U.S. inventory while limiting shipments there.

Britain’s car industry employs 200,000 people directly. The United States is the second-biggest importer of British-made cars after the European Union, with a near 20% share, data from industry body SMMT shows.

Any tariff relief is helpful for autos, says Barclays analyst Dan Levy



Source

First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports
World

First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports

Container ships sit docked at the Port of Los Angeles on May 06, 2025 in San Pedro, California. Justin Sullivan | Getty Images News | Getty Images The first shipping containers carrying Chinese products that are subject to President Donald Trump’s 145% tariffs have begun arriving in U.S. ports. Seven ships carrying upward of 12,000 […]

Read More
This consumer products stock is rushing to leave China and Wall Street is betting it can pull it off
World

This consumer products stock is rushing to leave China and Wall Street is betting it can pull it off

Wall Street is optimistic SharkNinja will be able to move its sourcing completely out of China. The company, which manufactures appliances such as vacuums and the Ninja Creami ice cream maker, rallied nearly 13% on Thursday following a first-quarter earnings beat. SharkNinja raised its guidance for its fiscal-year earnings, revenue growth and adjusted EBITDA estimates. […]

Read More
Ukraine to host ‘coalition of willing’ leaders Saturday, Zelenskiy says
World

Ukraine to host ‘coalition of willing’ leaders Saturday, Zelenskiy says

President Volodymyr Zelenskyy attends the European leaders’ summit to discuss European security and Ukraine, at Lancaster House in London, Britain, March 2, 2025.  Javad Parsa | Via Reuters Ukraine will host a meeting of leaders of the so-called “coalition of the willing” on Saturday, President Volodymyr Zelenskiy said. Established earlier this year and led by […]

Read More