Tata Motors’ stock is trading 2% higher in Monday morning session. This gain occurred after US President Donal Trump announced a delay in imposition of 50% tariffs on the European Union until July 9.
At around 11.46 AM, Tata Motors was trading 1.81% higher at ₹731.25, against the previous close of ₹718.25 on NSE. The counter touched an intraday high and low of ₹738, and ₹721.20, respectively.
The 90-day pause on Trump’s reciprocal tariff announcement on countries shall also end on July 9, 2025.
As per the reports, Trump has announced imposition of a 50% tariff on the European Union beginning June 1 as the negotiations were leading nowhere. Due to this, Tata Motors’ Unit Jaguar Land Rover (JLR) falls under significant spotlight owing to its significant exposure to the US markets.
Earlier in April, Trump announced a 25% tariff on imports of automobiles into the United States. After this, JLR has decided to pause shipments to the US markets for a month. Following this, Trump inked an executive order, offsetting credits with relief from other levies for up to 15% of the vehicles that shall be assembled within the country.
Recently, reports also highlighted that JLR has started sending shipments to the US.
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