motoring auto inc fastens its seatbelts braces for trump tariff impact

Auto Inc Fastens Its Seatbelts, Braces For Trump Tariff Impact

31 days   👁 18

Tata Motors' Jaguar Land Rover and Indian auto component makers, including Bharat Forge and Samvardhana Motherson, face threats from the 25% auto tariffs imposed by Donald Trump. These tariffs will impact India's $6.79 billion auto part exports to the US. Industry executives argue that higher costs in the US will lead to increased vehicle prices and slower sales.