Luxury carmaker Aston Martin said on Wednesday it was limiting exports to the U.S. to offset impact from President Donald Trump's tariffs, and reported a narrower-than-expected first-quarter loss on lower expenses and higher average prices.

British car manufacturer Aston Martin has said it is “limiting imports” to the US because of new tariff rules as it reported falling sales.Aston Martin Lagonda told investors it is leveraging its stock currently held in the US,

Aston Martin is limiting exports to the US after President Donald Trump's trade tariffs struck a major blow to European and other global automakers last month.