Jaguar Land Rover (JLR) celebrated a trade agreement established between the United Kingdom and the USA, making it clear that this will help protect jobs.
Prime Minister Keir Starmer revealed that a new agreement will reduce tariffs on most car exports from the UK to 10%, after US President Donald Trump had raised tariffs to 27.5%.
Jaguar Land Rover, based in Coventry with facilities in Solihull and Wolverhampton, halted exports to the USA in response to the tariff increase but ended up restarting production last week.
“We welcome this agreement that ensures greater security for our sector and the communities it supports,” said JLR CEO Adrian Mardell.
The same official added that the automotive industry supports 250,000 jobs and is “vital for the economic prosperity of the United Kingdom.”
The reduced rate will apply to 100,000 cars per year. Last year, 101,000 vehicles were exported from the UK to the USA.
