JCB, Britains largest privately owned engineering firm, has sounded the alarm after a dramatic escalation in US tariffs on exports could cost the company hundreds of millions of pounds. The
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British manufacturers are facing an unexpected surge in costs after President Trump introduced a 25 per cent tariff on finished goods containing steel and aluminium exported to the United States.
One of Britain’s largest private companies has unveiled plans to significantly expand its manufacturing capabilities in the United States. JCB, a renowned maker of construction machinery, has announced an ambitious
