White House Grants One-Month Tariff Exemption for Automakers
The reprieve applies to cars from Canada and Mexico that comply with the free-trade deal between those two countries and the U.S.
Trump grants tariffs pause for U.S. automakers after talks with Michigan’s ‘Big 3′
The announcement came one day after Trump imposed 25% taxes — or tariffs — on Mexican and Canadian imports, which experts worried would hamstring Michigan's auto industry.
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.
White House Announces One-Month Tariff Exemption for U.S. Automakers
President Trump is granting a one-month exemption for the big three U.S. automakers from tariffs he imposed on Mexico and Canada, the White House said Wednesday. "The president is happy to do it," White House Press Secretary Karoline Leavitt said.
White House Already Walking Back Some of its Mexico and Canada Tariffs
That didn’t take long. The White House announced Wednesday it would delay a portion of its 25 percent tariffs on Mexico and Canada to appease automakers whose execs rang President Donald Trump and asked for special treatment.
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 will delay some auto tariffs after Detroit Three push
President Donald Trump agreed to delay tariffs for one month on some vehicles built in North America after a call with the CEOs of General Motors and Ford and the chair of Stellantis, the White House said Wednesday.
Trump grants US automakers' request for a brief reprieve on Canada, Mexico tariffs
WASHINGTON ‒ President Donald Trump has agreed to exempt automobiles from newly imposed tariffs on imports from Canada and Mexico for the next month at the request of the three largest U.S. automakers,
With Trump’s tariffs paused, ‘Big Three’ automakers may race to build inventories
What might the “Big Three” U.S. automakers do now that they have a reprieve from tariffs imposed on Canadian and Mexican products? The answer for Ford Motor Co. General Motors Co. and Stellantis NV is likely to be building up inventories as fast as they can,
Carmakers win break from Trump's tariffs on Canada and Mexico
US President Donald Trump said he would temporarily spare carmakers from a new 25% import tax imposed on Canada and Mexico, just a day after the tariffs came into effect. The announcement by the White House came even as Trump continued to blast Canada for not doing enough to stop drugs from entering the US.
Why automakers’ short reprieve from tariffs isn’t enough to weather Trump’s escalating trade war
President Donald Trump granted U.S. automakers a short reprieve from stiff new tariffs on imports from Mexico and Canada this ...
Trump tariffs live updates: White House announces one-month delay for auto industry levies after talks with Big 3 CEOs and Canada
Donald Trump is giving some relief from the 25 percent tariffs imposed on Mexico and Canada for the auto industry, agreeing ...
White House announces 30-day reprieve from tariffs for autos under free trade deal
OTTAWA — The White House announced on Wednesday that the U.S. was providing a one-month exemption to automobiles covered by a ...
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 ...
Stellantis says it's aiming for more American manufacturing, thanks Trump for tariff exemption
Stellantis is thanking the Trump administration for giving it a one-month exemption from tariffs on Canada and Mexico, saying it aims to build more cars in the U.S.
Stock market surges after Trump permits carmakers 1-month tariff exemption
The stock market surged on Wednesday after the Trump administration granted automakers a one-month exemption from tariffs ...
Dow Jumps Nearly 400 Points After Tariff Announcement
The Dow rallied on Wednesday after the White House confirmed automakers would be exempted from tariffs on Mexico and Canada for a month. White House press secretary Karoline Leavitt said General ...
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 ...