Jaguar Land Rover to face $2.1billion tariff hit: N Chandrasekaran

Tata Motors faces a potential $2.1 billion tariff hit on Jaguar Land Rover due to new US trade measures, according to Chairman N Chandrasekaran. Mitigation plans aim to reduce this impact to $790 million. Chandrasekaran addressed shareholders at Tata Motors’ AGM, his first appearance since the Air India flight incident.