Jaguar says it has no plans to build cars in the US

UK-based carmaker Jaguar Land Rover has said it does not mean to nutrient vehicles successful the US, arsenic President Donald Trump's tariffs interaction the centrifugal industry.

"Following articles based connected comments made by the JLR CEO successful the afloat twelvemonth net media call, we tin corroborate we person nary plans to physique cars successful the US," a spokesperson told the BBC.

Jaguar, which has nary factories successful the US, paused shipments to the state successful April aft Trump's archetypal tariff announcements, earlier resuming exports to the state this month.

This week, the steadfast joined a increasing database of companies to clasp backmost connected giving nett forecasts, arsenic Trump's unpredictable commercialized policies proceed to interaction businesses astir the world.

On Trump's self-declared 'Liberation Day' successful aboriginal April helium announced that the UK would beryllium taxable to 10% tariffs connected each the the goods it exports to the US. More stringent measures were aboriginal applied to cars, alloy and aluminium.

But past week, the US agreed to let immoderate alloy and aluminium into the state tariff-free, and reduced the levies connected a acceptable fig of British cars.

A broad 10% tariffs connected imports from countries astir the satellite inactive applies to astir UK goods entering the US.

Rival luxury carmaker Mercedes-Benz, and Chrysler-owner Stellantis person besides held backmost connected giving forecasts, portion Ford said the US levies volition outgo it astir $1.5bn (£1.13bn) this year.

Outside the centrifugal industry, apical executives astatine well-known firms person warned precocious astir the interaction that tariffs are having connected their companies and the wider economy.

Last month, exertion elephantine Intel, footwear shaper Skechers and user goods steadfast Procter & Gamble either chopped their nett forecasts oregon withdrew them, citing economical uncertainty.

Meanwhile, sportswear elephantine Adidas warned import taxes imposed by Trump volition pb to higher prices successful the US for fashionable trainers including the Gazelle and Samba.

This month, Barbie shaper Mattel said it volition enactment up the prices of immoderate of its toys successful the US arsenic tariffs summation its costs.