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Jaguar Rejects US Production Amid Tariff Tensions. UK-based luxury carmaker Jaguar Land Rover has confirmed it has no plans to manufacture vehicles in the United States. This decision comes as President Donald Trump's tariffs continue to impact the automotive industry. After pausing shipments to the US in April due to the initial tariffs, Jaguar recently resumed exports but remains cautious. The tariffs, initially set at 10% on UK goods, later targeted specific sectors like cars, steel, and aluminum. Although the US has recently eased some steel and car tariffs, many levies still apply, creating ongoing uncertainty. Other major automakers, including Mercedes-Benz and Stellantis, are also cautious about future profit forecasts, while Ford estimates tariffs will cost around $1.5 billion this year. The ripple effects of these trade policies are being felt beyond the auto sector, with business leaders worldwide expressing concern over ongoing economic impacts.
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