JCB warns US tariff changes will cost ‘hundreds of millions’
22 August 2025
A new $45 million order of backhoe loaders for the US Marine Corps is expected to be affected by the tariff changes (Photo: JCB)
UK-based construction equipment manufacturer JCB has warned that US tariffs on finished goods containing steel and aluminium will cost it “hundreds of millions of pounds”.
The privately owned firm has called on the UK government to intervene after a surprise move by the Trump administration on Monday 18 August to expand the scope of its 25% tariffs on steel and aluminium components exported from Britain to the US to include all finished goods.
JCB’s chief…
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