Overview
- President Donald Trump's 25% tariff on imported cars and trucks, effective April 3, has created significant challenges for global automakers and markets.
- Jaguar Land Rover has paused U.S. shipments of its UK-made vehicles for April, citing the need to reassess trade strategies, as the U.S. accounts for nearly a quarter of its global sales.
- Nissan has stopped taking new U.S. orders for two Mexican-built Infiniti SUVs, the QX50 and QX55, in response to the tariff's impact.
- Other automakers, including Toyota, Honda, Hyundai, Kia, and Mazda, are employing varied strategies such as price freezes or delaying announcements about price changes.
- The tariffs are part of a broader protectionist trade policy by the Trump administration, which includes a baseline 10% tariff on all imports and customized rates for specific countries.