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Searched Tag: auto tariff
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Jaguar Land Rover stalls US exports over fresh duties

April 6, 2025, 02:10 PM - 3 min read

Jaguar and Land Rover will pause vehicle shipments to the US in April in response to new tariffs imposed by the Trump administration. With America comprising a quarter of its global sales, the automaker says it is reassessing trade strategy amid evolving economic conditions.

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Rupee gains 18 paise to 85.56 against dollar in early trade

March 28, 2025, 12:04 PM - 3 min read

The rupee strengthened by 18 paise to 85.56 against the US dollar in early trade on Friday, buoyed by sustained foreign fund inflows. However, gains were capped amid concerns over global trade tensions, particularly following US President Donald Trump’s imposition of a 25 per cent tariff on auto imports.

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Indian markets wobble as US imposes auto import tariffs

March 27, 2025, 09:59 AM - 3 min read

Indian stock markets opened weak on Thursday following US President Donald Trump’s announcement of a 25 per cent tariff on auto imports, effective April 2. The move has unsettled global markets, with experts predicting further volatility due to potential reciprocal tariffs on key sectors.

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United States President Donald Trump.

Trump slaps 25 pc tariff on autos, expects $100 bn revenue

March 27, 2025, 08:34 AM - 5 min read

US President Donald Trump has imposed a 25 per cent tariff on imported automobiles, citing domestic manufacturing benefits. The move, effective from April 3, is expected to generate $100 billion annually but may significantly raise vehicle costs and strain automakers.

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