menu_open Columnists
We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Prepare for 'carmageddon': Trump's tarriffs are a perfect storm for the UK auto industry

4 0
29.03.2025

27 March 2025, 13:11

By David Bailey

It’s more bad news for UK auto as Trump announces 25% tariffs on all car imports to the US.

This will have a big impact on the UK and EU auto industry, which was already being squeezed by falling sales in China, stagnant demand in Europe, and slow EV take-up. It's nothing short of a perfect storm for the European and UK auto industry.

Cars are the UK's number one goods export to the US, at £8.3bn in the year to the end of Q3 in 2024, out of around £60bn in total UK exports to the US.

Firms like........

© LBC