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Jaguar Land Rover profit collapses after tariffs China slowdown and cyberattack forces electric reboot

Jaguar Land Rover profit collapses after tariffs China slowdown and cyberattack forces electric reboot

Jaguar Land Rover’s nearly wiped-out profit paints a harsh picture for the British luxury automaker. For the 12 months through March, pretax profit fell to just £14 million from £2.5 billion a year earlier, hit by new US tariffs, weaker luxury demand in China, and a cyberattack that halted production for weeks starting last September. While it returned to profit in the latest quarter, JLR is now rebooting with a fully electric lineup, including a new electric Jaguar and Range Rover deliveries later this year.

Summarised by Beize from a story on The Economic Times on 14 May 2026
India negotiates EU market access for seafood exports to counter steep US tariffs

India negotiates EU market access for seafood exports to counter steep US tariffs

India has secured new opportunities for seafood exports by negotiating market access with the European Union, helping exporters navigate steep US tariff challenges. Officials say the government’s proactive push opens a large, steadier market for Indian producers. The move is expected to support export growth even as global uncertainty continues to disrupt trade flows.

Summarised by Beize from a story on The Economic Times on 10 May 2026

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US tariffs on Indian goods since April 2025 full timeline and court reversals explained

US tariffs on Indian goods since April 2025 full timeline and court reversals explained

Starting April 2025, the US rolled out multiple tariffs on Indian goods, with rates shifting between reciprocal measures and duties tied to India’s Russian oil purchases. Some actions were suspended or revised over time. The biggest twist came when US courts struck down parts of the reciprocal tariff system, changing the pressure on exporters and trade negotiations.

Summarised by Beize from a story on The Economic Times on 8 May 2026
India warned against rushing a US trade deal as Trump tariff shifts risk one sided terms

India warned against rushing a US trade deal as Trump tariff shifts risk one sided terms

GTRI cautions India to slow down on a bilateral trade agreement with the US, citing President Trump’s volatile tariff strategy. Recent court rulings have struck down key US tariffs, pushing trade talks back toward traditional WTO frameworks. The think tank warns this uncertainty could leave India negotiating a “one-sided” deal without meaningful reciprocal tariff relief.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Toyota Warns 22 Percent Profit Drop as US Tariffs Bite Hard

Toyota Warns 22 Percent Profit Drop as US Tariffs Bite Hard

Toyota expects its net profit to fall 22% in the coming fiscal year, blaming the drag from US tariffs. The automaker previously reported a 19.2% profit decline for 2025-26, but says it has stayed resilient thanks to higher sales volumes and price adjustments, supported by strong product competitiveness.

Summarised by Beize from a story on The Economic Times on 8 May 2026
G7 trade ministers meet in Paris but sidestep US tariff threat on European vehicles

G7 trade ministers meet in Paris but sidestep US tariff threat on European vehicles

G7 trade ministers are set to meet in Paris to focus on critical minerals, small package trade, industrial overcapacity, and economic security. The economic fallout from the ongoing Middle East conflict will also feature. However, the latest US threat of new tariffs on European vehicles will not be discussed in the main G7 session, instead addressed through separate bilateral talks.

Summarised by Beize from a story on The Economic Times on 5 May 2026

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Trump auto tariff hike could trigger Germany 18 billion output hit economists warn now

Trump auto tariff hike could trigger Germany 18 billion output hit economists warn now

Germany’s economy could take a major hit if Donald Trump follows through on higher US tariffs on European cars and trucks. The Kiel Institute estimates the auto sector may lose about 15 billion euros in output, underscoring how exposed German manufacturers are to US trade swings. Analysts also note Trump has previously backed away from tariff threats.

Summarised by Beize from a story on The Economic Times on 2 May 2026
UK exports to US slump as new tariffs cut £800 million in goods flow

UK exports to US slump as new tariffs cut £800 million in goods flow

British exports to the United States plunged by about £800 million after US tariffs took effect, according to official data. Car and pharmaceutical shipments were hit hardest. Yet President Donald Trump removed tariffs on Scottish whisky, giving a rare pocket of relief. Still, the US remains the UK’s biggest goods export destination.

Summarised by Beize from a story on The Economic Times on 1 May 2026
Bitcoin Holds Near 68000 as US Tariff Worries Persist and ETF Outflows Continue

Bitcoin Holds Near 68000 as US Tariff Worries Persist and ETF Outflows Continue

Bitcoin traded around $68,000 on Saturday, holding steady even as new U.S. tariff developments raised uncertainty and ETF outflows continued. Meanwhile, several major altcoins posted gains as sentiment improved. Analysts point to a strengthening technical setup, with Bitcoin testing key resistance levels and Ethereum consolidating near $1,960—both seen as primed for potential upside if breaks hold.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India seafood exports to US plunge as reciprocal tariffs bite exports overall still hit records

India seafood exports to US plunge as reciprocal tariffs bite exports overall still hit records

India’s seafood exports to the US dropped sharply in FY26, with volume down 19.8% and value down 14.5%, blamed on reciprocal tariffs. Even so, India’s overall seafood exports reached a record $8.28 billion as demand grew in China, the EU, and Southeast Asia, helping offset the US decline.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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