GM, Ford, Stellantis rally as Trump delays auto tariffs on Mexico and Canada
Shares of General Motors, Ford, and Stellantis climbed on Wednesday after the Trump administration delayed auto tariffs on Mexico and Canada for one month. GM shares gained 5%, Ford rose 4%, while Stellantis surged around 7%.
Tariffs on cars from Mexico and Canada delayed by one month
President Donald Trump has granted an exemption on auto tariffs on Mexico and Canada for one month, White House Press Secretary Karoline Leavitt confirmed Wednesday.
Trump Delays Canada, Mexico Tariffs on Autos. GM, Ford, and Stellantis Stocks Rise.
Auto makers have been warning that Trump’s tariffs would increase the cost of manufacturing, auto parts, and car prices.
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Trump Postpones Mexico Tariffs After Discussion With Nation’s Leader
President Donald Trump announced Thursday that he is delaying implementation of tariffs targeting certain Mexican imports. Trump said that he
U.S. automakers get one-month exemption on Mexico, Canada tariffs
WASHINGTON — President Donald Trump is granting a one-month exemption on his stiff new tariffs on imports from Mexico and Canada for U.S. automakers, amid fears that the trade war could harm U.S. manufacturers.
Trump announces 1-month delay on Canada, Mexico tariffs for cars
President Trump on Wednesday announced a one-month exemption on tariffs against Canada and Mexico for cars following a meeting with the three major U.S. automakers. Trump spoke with the leaders of
Trump gives automakers one-month tariff reprieve to move operations from Canada, Mexico to US
President Donald Trump has delayed tariffs on automobile imports from Canada and Mexico for one month after requests from executives at the Big Three
Trump grants US automakers' request for a brief reprieve on Canada, Mexico tariffs
President Donald Trump has agreed to exempt automobiles from newly imposed tariffs on imports from Canada and Mexico for the next month.
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Trump Grants Request on Temporary Reprieve on Canada And Mexico Auto Tariffs
President Donald Trump has approved a request to exempt automobiles from tariffs that have been imposed on imports from Canada
Trump administration mulls one-month delay of US tariffs on cars from Canada, Mexico: report
Officials reportedly met with Ford, General Motors and Stellantis NV executives on Tuesday to discuss the impact of the tariffs and possible relief measures.
Trump pauses tariffs on some imports from Mexico
On Wednesday, Trump granted U.S. automakers that trade under USMCA a one-month exemption from the tariffs following concerns raised by Ford, General Motors and Stellantis. The three automakers said the levies are unsustainable for domestic car manufacturing, The Associated Press reported.
These vehicles, parts would be hit by tariffs on Mexico, Canada
All three Detroit automakers, along with others, build vehicles in Canada and Mexico that would face tariffs imposed by Trump.