Tata Motors' subsidiary Jaguar Land Rover UK (JLR) may be hit with a $2.1 billion tariff burden due to new US trade rules, Times Now reported, citing Chairman N Chandrasekaran. "Tariff is a major issue, primarily for JLR," Chandrasekaran told shareholders at the company’s Annual General Meeting. He, however, noted that mitigation strategies could reduce the burden to $790 million.
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Dharini Mudgal /
02:49 pm on
21 Jun