The impact of the announcement of auto tariff from US President Donald Trump has started appearing on the stock market. On March 27, the shares of Tata Motors saw a huge decline in the initial Karabor itself. Tata Motors shares broke with 7 percent price to Rs 661.

In fact, after the announcement of the new tariff from US President Donald Trump, such a decline has been seen in the market. Trump has announced to impose 25 percent auto tariff on all cars imported from abroad from abroad.

Jaguar Land Rover (JLR) is the subsidiary company of Tata Motors, which is the largest market. About one -third of its global sales comes from North America. JLR cars are made in Britain and other countries. In such a situation, these cars will also come under the purview of 25 percent auto tariff. It can be said that this can be said that now JLR vehicles will become expensive in the US market and it can have negative impact on sales.

Also read: Donald Trump imposed 25% auto tariff on cars being imported in America, what is the effect on India?