Jaguar Land Rover Automotive, one of the UK's largest automakers, is suspending car deliveries to the United States. The reason was a new 25% import duty tariff imposed by US President Donald Trump's administration on vehicle imports, the Associated Press reports.

“The USA is an important market for JLR’s luxury brands,” the company said in a statement. “As we work to address the new trading terms without business partners, we are taking some short-term actions including a shipment pause in April, as we develop our mid- to longer-term plans,” the company states.

Analysts predict that other British automakers may also take similar steps, as the increased duties put additional pressure on the industry, which is already facing a drop in domestic demand and the need to modernize production for electric vehicles.

According to The Society of Motor Manufacturers and Traders of the United Kingdom (SMMT), 779,584 cars were produced in the country last year, down 13.9% from 2023. Moreover, more than 77% of the cars were exported. The exported models include the Nissan Qashqai, BMW Mini, Toyota Corolla, as well as Jaguar and Land Rover models.

According to government data, from September 2023 to September 2024, the UK exported £8.3 billion ($10.7 billion) worth of cars to the US, making cars the largest category of merchandise exports to the US. At the same time, services account for the majority of trade between the two countries, accounting for 68.2% of total exports worth £179.4 billion ($231.2 billion).

As a reminder, the new tariffs imposed by US President Donald Trump could lead to a significant rise in the price of iPhones. Analysts warn that prices could rise by 30-40%, meaning that the price of the iPhone 16 Pro Max with a 6.9-inch display and 1 TB of memory could increase from $1599 to almost $2300.