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Big Automaker Stocks General Motors (NYSE:GM), BMW and Stellantis Downed as Mexico and Canada Tariffs Land
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Trump grants one-month exemption for US automakers from new tariffs on imports from Mexico, Canada
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Trump grants one-month exemption for US automakers from new tariffs on imports from Mexico, Canada. Follow live updates.
We're tracking several developments involving the Trump administration this week. Following talks with big three automakers, Ford, General Motors and Stellantis, President Donald Trump has given the auto industry a one-month exemption to tariffs on imports from Canada and Mexico.
The announcement comes after Trump spoke with leaders of the "big 3" automakers, Ford, General Motors, and Stellantis on Wednesday.
The White House said President Trump has given Ford, General Motors and Stellantis a one-month reprieve from tariffs on imports from Canada and Mexico.
Shares of automakers Ford, General Motors and Stellantis traded at or near session highs Wednesday afternoon, after the White House said it would give a one-month exemption to tariffs on automobiles coming from Canada and Mexico.
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 Motors,
Shares of General Motors, Ford, and Stellantis climbed on Wednesday after a report suggested that the Trump admin may delay auto tariffs.
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Stocktwits on MSNFord, GM, Stellantis Stocks Gain As Trump Delays Mexico, Canada Auto Tariffs — But Retail Frustration Mounts Over Policy WhiplashShares of Ford Motor Co., General Motors Co., and Stellantis NV rallied on Wednesday after the Trump administration announced a temporary exemption from tariffs on some vehicles imported from Mexico and Canada.
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.
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
The White House press secretary said Trump decided to pause the 25% tariffs on auto imports after talking to officials with Ford, GM and Stellantis.
All three Detroit automakers, along with others, build vehicles in Canada and Mexico that would face tariffs imposed by Trump.
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