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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Are You Among the Estimated 452,000 Americans Losing Part of Your Social Security Check?
As of 2023, Americans aged 60 and older hold approximately $125 billion in student loans, with around 452,000 borrowers aged 62 and older in default. Starting in June, the Trump administration will resume aggressive collection efforts that were paused during the COVID-19 pandemic, potentially impacting Social Security benefits for borrowers unable to repay their loans. Those receiving Social Security may face reductions in their benefits to cover outstanding loan amounts, whether they took out loans...
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