Trump just gave Ford, GM, and Stellantis an exemption to his new tariffs
The major U.S. automakers were given a one-month exemption from new tariffs on Canadian and Mexican imports, the Trump administration said Wednesday.
'Big Three' Automaker Stocks Gain as Trump Grants One-Month Tariff Exemption
Shares of GM, Ford, and Stellantis gained Wednesday as the White House granted the automakers a one-month exemption from new tariffs on Canada and Mexico.
Trump to Pause Auto Tariffs for One Month as Other Levies Continue
The president said he would pause a 25 percent tariff on cars coming from Canada and Mexico under a trade pact for one month, while other levies stay in place.
Trump delays tariffs on many Canadian, Mexican imports for one month
The president's announcement clashes with his previous comments claiming the sweeping tariffs would be enforced without exclusions, exemptions or further delays.
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.
European Auto Stocks Jump on Trump Tariff Pause as Stellantis Pledges 'More American Cars'
According to Stifel Research, the tariffs on Mexican and Canadian imports could impact around 16 billion euros ($17.3 billion) of Stellantis revenue in 2025 and the group would lo
The Latest: Trump changes course and delays some tariffs on Mexico and Canada
President Donald Trump has postponed 25% tariffs on many imports from Mexico and some imports from Canada for a month amid widespread fears of the economic fallout from a broader trade war
Trump expands exemptions from Canada and Mexico tariffs
Trump said he was granting the two US neighbours a temporary exemption on tariffs that he imposed two days ago.
Trump delays tariffs for goods under Mexico, Canada trade deal
U.S. President Donald Trump suspended on Thursday tariffs of 25% he had imposed this week on most goods from Canada and Mexico, the latest twist in a fluctuating trade policy that has whipsawed markets and fanned worries about inflation and growth.
Why General Motors, Ford, and Stellantis shares are rebounding on Wednesday
Shares of General Motors, Ford, and Stellantis climbed on Wednesday after a report suggested that the Trump admin may delay ...
Trump Officials Eye Tariff Relief for USMCA-Compliant Products, Lutnick Says
Ford, GM and Stellantis have been pressing Lutnick to exempt USMCA-compliant vehicles, while the United Auto Workers have ...
Trump agrees to one-month tariff reprieve aimed at helping U.S. automakers
The Trump administration has postponed tariffs for U.S. automakers by one month, while keeping the rest of 25 percent tariffs ...
Trump set to decide on Canada, Mexico relief, Lutnick says
The auto sector, and potentially others, could be given a reprieve as early as Thursday AEDT, the commerce secretary said.
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Trump grants 1 month exemption for US automakers from new tariffs on imports from Mexico, Canada
The announcement comes after Trump spoke with leaders of the "big 3" automakers, Ford, General Motors, and Stellantis on ... Commerce Secretary Howard Lutnick said there might be carveouts ...
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Trump to Decide on Canada, Mexico Relief Today, Lutnick Says
US Commerce Secretary Howard Lutnick said President Donald Trump ... U.S. automakers — Ford Motor Co., General Motors Co. and the Stellantis NV-owned Chrysler brand — are compliant with ...
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Howard Lutnick Sniffs Out Kristen Welker’s Attempt To Drive Wedge Between Musk And Trump Admin
Commerce Secretary Howard Lutnick put a halt to NBC News host Kristen Welker’s repeated questions about who is “in charge” of ...
Commerce Secretary Lutnick emphatically shoots down recession concerns – and reveals how Canada, Mexico can get tariffs lifted
Commerce Secretary Howard Lutnick emphatically rejected the risks of a recession even as markets slide — and said America’s ...