UK car firms to meet government over Trump tariffs

British carmakers will meet ministers on Friday morning to discuss their response to US President Donald Trump’s placing 25% tariffs on car imports from next week, the BBC understands.
The UK government is trying to negotiate exemptions from a wide range of US import levies due to come into force at midnight on 3 April.
Some car companies believe it is now too late to delay the measure, and instead want to start discussing support options.
US tariffs could have a huge impact on the UK economy, with the government’s official forecaster estimating that in a worst case scenario trade taxes could reduce economic growth by 1% and wipe out Rachel Reeves’s £9.9bn headroom against her debt rules.
Government sources said there is “still all to play for” in negotiations over 25% tariffs placed on car imports into the US ahead of next week.

Courtesy: BBC