Donald Trump’s UK Trade Deal Could Secure Jaguar’s Resurrection

Starmer said that the factory’s visit again today, and from the place where a video conference with Trump was held, that the partial deal was “an incredible platform for the future.”

Speaking to the workers of the auto collection factory, Starmer said that the deal “is largely less than 27.5 percent to 10 percent of the customs tariffs on the cars we make -[which is] It is very important for JLR, in fact to the sector in general, but JLR in particular, who sell a lot of cars in the American market. “

The decline of the British export-with most foods, which is a painful point in the United Kingdom, where consumers oppose the stability of imports of “chlorine laundry” chicken and beef that feeds on hormones (our American minister, does not likely increase, does not increase exhaustion in a conference. The United should be more difficult for the United States.

president Trump wrote on his website on social media website, in the first hours, before the person in charge of the deal at the Oval Office revealed that the commercial agreement with the United Kingdom, which is a “very respectful country”, is “a complete and comprehensive comprehensive that will establish the relationship between the United States and the United Kingdom for many years to come.”

According to a council on a “mutual tariff” offered in the Oval Office, the United Kingdom will reduce the customs tariff for the United States from 5.1 percent to 1.8 percent. The White House facts paper on the “historic commercial deal” says it “will enter a golden age from the new opportunities for American exporters and settle play fields for American producers.”

The two sides worked to agree on low tariffs on steel and cars that were exported from the United Kingdom. On the other hand, Britain agreed to reduce the customs tariffs on American cars. The UK is also expected to rise a 2 percent digital sales tax that affects the American technology fonds such as Meta, Google, Apple and Amazon.

European auto manufacturers, especially German companies, may be disturbed that the Trump administration, at the present time, will continue to threaten them with a 25 percent tariff fee on the cars that were made in the European Union. In 2018, Trump told French President Emmanuel Macron that he did not want more Mercedes trading on New York Fifth Street. Then, in November of last year, German Chancellor Angela Merkel told the Italian news port, Corriere della Sera, that Trump was “obsessed with the idea that there were many German cars in New York.”

European car manufacturers will search jealousy while preparing to move forward in a deal at the level of the European Union. Stelantis, Volvo and Mercedes withdrew their financial directives this year last month, and blamed the uncertainty about changing the American policy on the fees received. Stelantis is located in Amsterdam but is also partially American, an example of the number of brands for cars that are now internationally. It has Fiat Italy, but also Chrysler and other brands that are supposed to be all American brands, Dodge, pocket and corn.

The United States is the number one export destination for the European Union. In 2023, European car manufacturers exported cars and components worth $ 58 billion in the United States, representing 20 percent of the total value of car export in the European Union and supporting nearly 14 million European jobs.

Trump’s introductory war does not only affect car makers abroad. General Motors warned of up to $ 5 billion of strikes, although Trump has provided relief to auto manufacturers to alleviate his definitions. Volvo announced yesterday that it would reduce 5 percent of the jobs in its factory in Charleston, South Carolina, where the impact of definitions continues to evaluate.