Tata Motors shares drop 6.31% as Trump's 25% tariff threatens Jaguar Land Rover sales in US.
Tata Motors faced a 6.31% decline in its shares after President Trump revealed plans for a 25% tariff on imported cars. This development is crucial as the United Sta
Tata Motors faced a 6.31% decline in its shares after President Trump revealed plans for a 25% tariff on imported cars. This development is crucial as the United States accounts for 22% of Jaguar Land Rover's overall sales, making it a significant market for Tata Motors. The company may have to consider making price modifications and operational enhancements to navigate through the impact of the proposed tariffs.