The United States is the second largest import of British -Made cars after the EU, which costs almost 20%.
British company Jaguar Land Rover announced the continuation of exports of its cars in the United States after a monthly break caused by the introduction of duties. Reuters reported this Sunday, April 4.
JLR’s first delivery to the United States since exporting has left the UK territory on Wednesday.
The Jaguar Land Rover representative in his statement noted that the United States remains a major market for the company, despite the current 25% fee for cars.
The company added that they implemented planned short -term steps, while working with business partners in adapting new trade conditions in the United States and developing medium and long -term plans.
US president Donald Trump said Thursday that he would reduce the impact of tariffs on imported cars using a command that combines tax loans with a reduction in other roles for components and materials.
Jaguar Land Rover noted that the United States is an important sales market for its luxurious brands. Each year, the company sells 400 thousand Range Rover sports, defenders and other models, and exports to the United States are about a -quarter of sales.
As we have written, the World Stock Markets on Thursday, April 3, negatively reacted after US President Donald Trump announced a large -scale introduction of duties against U.S. trade partners.
Remember that on Wednesday, April 2, Trump announced the introduction of major duties to imported goods. He called it America’s “Day of Liberation”.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.