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Aston Martin has attributed a profit warning to Donald Trump's trade duties, as it calling on the British authorities for more active assistance.

This manufacturer, which builds its vehicles in factories across England and Wales, lowered its earnings forecast on Monday, representing the second such revision in the current year. The firm expects deeper losses than the previously projected £110m deficit.

Seeking Official Backing

The carmaker expressed frustration with the British leadership, telling investors that while it has engaged with representatives on both sides, it had positive discussions with the US administration but required greater initiative from UK ministers.

The company called on UK officials to protect the needs of niche automakers such as itself, which provide numerous employment opportunities and contribute to regional finances and the wider British car industry network.

Global Trade Effects

The US President has shaken the worldwide markets with a trade war this year, heavily impacting the automotive industry through the introduction of a 25 percent duty on April 3, in addition to an existing 2.5 percent charge.

During May, the US president and Keir Starmer agreed to a agreement to cap duties on 100,000 UK-built vehicles per year to 10%. This tariff level took effect on 30th June, aligning with the last day of Aston Martin's Q2.

Trade Deal Criticism

Nonetheless, Aston Martin criticised the trade deal, arguing that the introduction of a US tariff quota mechanism introduces additional complications and limits the group's capacity to accurately forecast financial performance for this financial year end and possibly quarterly from 2026 onwards.

Other Challenges

The carmaker also pointed to reduced sales partially because of increased potential for logistical challenges, especially following a recent cyber incident at a leading British car producer.

UK automotive sector has been rattled this year by a cyber-attack on the country's largest automotive employer, which led to a production freeze.

Market Reaction

Shares in Aston Martin, traded on the LSE, fell by over 11 percent as trading opened on Monday morning before recovering some ground to be down 7%.

The group sold one thousand four hundred thirty cars in its Q3, missing previous guidance of being roughly equal to the 1,641 vehicles delivered in the equivalent quarter last year.

Upcoming Plans

The wobble in sales comes as Aston Martin prepares to launch its flagship hypercar, a mid-engine hypercar costing around $1 million, which it expects will increase earnings. Deliveries of the vehicle are expected to start in the last quarter of its financial year, though a projection of approximately one hundred fifty units in those final quarter was lower than previous expectations, due to technical setbacks.

The brand, well-known for its appearances in the 007 movie series, has initiated a review of its future cost and spending plans, which it indicated would probably lead to reduced spending in engineering and development versus earlier forecasts of about £2bn between its 2025 and 2029 financial years.

The company also told investors that it does not anticipate to generate profitable cash generation for the latter six months of its present fiscal year.

UK authorities was contacted for a statement.