Jaguar Land Rover, a UK-based company, has announced that it will be temporarily halting shipments to the US in response to the 25 percent tariff imposed by President Donald Trump on passenger vehicles and other auto imports. This pause is expected to be in effect for the month, according to reports. Although the full impact of these tariffs has yet to be determined, experts predict that it may lead to an increase in the cost of both new and used cars.

In a statement to the AP, Jaguar Land Rover expressed that “the USA is a significant market for JLR’s luxury brands.” The company added, “As we work to address the new trading terms with our business partners, we are taking some short-term actions, including a shipment pause in April, as we develop our mid- to longer-term plans.”

President Trump’s tariffs have far-reaching implications that extend beyond the auto industry, and the response from US trading partners is only beginning to unfold. This week, the president a 10 percent baseline tariff on “all countries,” with some countries facing even higher “reciprocal” tariffs. One immediate effect is that Nintendo has in the US.