Jaguar Land Rover to halt U.S. shipments for one month over tariffs

British automaker Jaguar Land Rover (JLR) will temporarily suspend shipments of its vehicles to the United States for one month in response to a 25 percent tariff imposed by the U.S. government, The Times reported Saturday. The move is aimed at evaluating the financial impact of the trade measure and formulating strategies to mitigate the increased costs, the report said.

The suspension will take effect on Monday. Although JLR reportedly maintains a two-month inventory in the U.S. that remains unaffected by the new tariffs, the company is actively considering measures such as price increases for American consumers, cost-cutting initiatives, and redirecting sales efforts to alternative international markets, according to the report.