President tells US to ‘hang tough’ over tariffs as Land Rover pauses shipments to country

Date:

Protests around the US as the fallout from Trump’s new tariffs continuespublished at 22:26 British Summer Time 5 April

Image source, Getty Images
Image caption,

Anti-Trump protesters gather at the state capitol in St. Paul, Minnesota

It’s been another dramatic day as some of President Trump’s newly-unveiled tariffs begin and the effects of stock market falls in recent days are felt.

Luxury car maker Jaguar Land Rover (JLR) confirmed today that it’ll pause shipments to the US after the White House introduced a 25% tariff on all car imports.

Yesterday, Wall Street’s three main indexes dropped by more than 5%.

Here’s a quick recap of the latest updates:

Tariffs ‘baseline’ tariffs kick in

Trump’s “baseline” 10% tariffs, for the UK and other countries, came into effect today.

Other nations and trading partners, such as the EU, will face a higher level from the 9 April.

Concerns expressed globally

Many governments and businesses…

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