National News
UK-based Jaguar Land Rover puts pause on shipments to US amid Trump tariffs

Elon Musk says he hopes for a future the place charges are now not vital for the US and Europe.
Jaguar Land Rover (JLR) introduced on Saturday plans to pause shipments from his British automobiles to the US for a month as a result of it discovers the implications of a charge of 25% by President Donald Trump.
Tata Motors in India is the proprietor of JLR and the corporate confirmed his short-term break with Reuters.
“Whereas we work to sort out the brand new commerce circumstances with our enterprise companions, we take a number of actions within the brief time period, together with a mission break in April, whereas we’re creating our plans for the center of the long run,” mentioned JLR.
The automobile trade in the UK has round 200,000 individuals, though the trade is strongly uncovered to the brand new charges of Trump.
Price provide: Nasdaq touches Berenmarkt; S&P, Dow Sink

(Reuters/Andrew Boyers/File)
JLR didn’t instantly reply to Fox Enterprise’s request to touch upon the break.
The US is the second largest importer of British automobiles after the European Union, De Wire reported.
As one of many largest producers of the UK per quantity, JLR mentioned in his assertion that the US was an essential marketplace for its luxurious manufacturers.
Trump’s 10% Baseline charges on import from many nations now in pressure

President Donald Trump holds a graph of “mutual charges” whereas talking within the White Home on 2 April 2025. (Chip Somodevilla/Getty photos)
Yearly, JLR sells 400,000 defenders, Vary Rover Sports activities and different fashions, though export to the US is a couple of quarter of the corporate’s turnover.
Trump unveiled his final charge plan on 2 April and imposed a charge of 25% on imported automobiles and vehicles, which got here into pressure the subsequent day. Trump additionally introduced charges for different items from nations around the globe, not solely imported automobiles.
The Trump administration charge plan introduced a baseline charge of 10% on all import to the US, whereas adjusted charges have been set for nations with larger charges on American items. The fundamental line charges of 10% got here into impact on Saturday, whereas the opposite charges will come into impact on 9 April.
The losers and winners of the ‘Liberation Day’ tariff plan by Trump

President Donald Trump introduced that he’s imposing a charge of 25% for all overseas metal and aluminum imports in the US. (Brandon Bell/Getty photos/file)
Trump pointed to the European Union throughout his announcement and mentioned that the US will cost the EU a charge of 20% in comparison with the 39% charges on the American Japan, will see 24% charges, in comparison with the 46% that the nation will cost the US, whereas China will probably be affected by the US 34% charge
The adjusted charges, Trump defined, wouldn’t be full mutual charges, as a result of his administration was “very good” and leveled charges which are about half of what a sure nation the US set at charges.
“For nations that deal with us poorly, we would be the mixed pace of all their charges, non -monetary boundaries and different types of dishonest,” Trump mentioned Wednesday.
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“And since we’re very good, we are going to cost them about half of what they’re and have charged us,” he mentioned. “So the charges is not going to be a full reciprocal. I might have performed that, sure, however it will have been tough for a lot of nations.”
Emma Colton and Reuters from Fox Information Digital have contributed to this report.
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