The U.K.’s automobile sector, prized for its luxury manufacturers like Bentley and Aston Martin, is reeling after President Donald Trump moved forward with aggressive tariffs that threaten to bring the country’s lucrative export market to its knees.
The Trump administration slapped 25% import tariffs on cars and some car parts, including engines and powertrains, on Wednesday in a bid to repatriate manufacturing and convince foreign competitors to set up shop in the U.S.
