JCB Warns U.S. Tariff Changes Will Cost ‘Hundreds of Millions’
August 25, 2025
U.K.-based construction equipment manufacturer JCB has warned that U.S. tariffs on finished goods containing steel and aluminum will cost it “hundreds of millions of pounds.”
The privately owned firm has called on the U.K. government to intervene after a surprise move by the Trump administration on Monday, Aug. 18, to expand the scope of its 25% tariffs on steel and aluminum components exported from Britain to the U.S. to include all finished goods.
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