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