Automotive industry, Business, Trump tariffs, Aston Martin, Rolls-Royce, Toyota, Nissan Business | The Guardian
Eight in 10 cars produced in Britain are exported, with high-end manufacturers much more reliant on the US marketThe UK’s automotive sector describes itself as “the engine room of Britain’s international trade”, boasting how it generates “£1 in every £8 the UK earns from exporting goods”.But the UK’s carmakers – including Jaguar and Land Rover owner JLR, the BMW-owned Rolls-Royce and Mini, and Aston Martin – are weighing up the potential impact of Donald Trump’s planned 25% tariffs on cars imported into the US. The new levies on cars and light trucks are due to take effect on 3 April. Continue reading…
Eight in 10 cars produced in Britain are exported, with high-end manufacturers much more reliant on the US market
The UK’s automotive sector describes itself as “the engine room of Britain’s international trade”, boasting how it generates “£1 in every £8 the UK earns from exporting goods”.
But the UK’s carmakers – including Jaguar and Land Rover owner JLR, the BMW-owned Rolls-Royce and Mini, and Aston Martin – are weighing up the potential impact of Donald Trump’s planned 25% tariffs on cars imported into the US. The new levies on cars and light trucks are due to take effect on 3 April.
