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The Independent UK
The Independent UK
Business
Holly Williams

Luxury carmaker blames Trump tariffs as profits stall

Aston Martin Lagonda has warned it expects to plunge into the red, with underlying losses now forecast to exceed £110 million, amid mounting pressure from US tariffs and supply chain disruptions following Jaguar Land Rover’s recent cyber attack.

This marks the second downgrade to its financial outlook since early July, triggering an 11 per cent slump in its shares during Monday morning trading.

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