Jaguar Land Rover, a British luxury automaker, announced a pause in shipments to the United States in response to President Trump’s 25% auto tariffs, affecting its 38,000 cars exported to the US in the last quarter of 2024. The company cited the importance of the US market and its short-term actions to address the new trading terms, as British luxury carmakers face challenges due to limited production sites. Shares in Tata Motors, the Indian parent company of Jaguar Land Rover, dropped over 9% following the tariff implementation, with the British government considering retaliatory tariffs on US imports.
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This Is, Officially, the 3rd Priciest Stock Market in Over 150 Years — and There's No Mistaking What Comes Next for Stocks, Based on History
Investors have faced significant volatility in the first seven months of the year, highlighted by the S&P 500's steepest two-day decline since 1950 and the Nasdaq entering a bear market for the first time in three years. However, since April 8, both indexes have rebounded to record highs, while the Dow Jones Industrial Average approaches its first all-time high since December, suggesting a strong bull market despite historical caution. Want More Context? 🔎
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