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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.
After speaking with the leaders of Ford, General Motors, and Stellantis, President Donald Trump announced a one-month exemption for automakers from his stiff new tariffs on imports from Mexico and
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, the White House said Wednesday. The automakers had urged Trump to waive 25% tariffs on Mexico and Canada on vehicles that comply with the 2020 U.
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.
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.
All three Detroit automakers, along with others, build vehicles in Canada and Mexico that would face tariffs imposed by Trump.
4don MSN
Officials reportedly met with Ford, General Motors and Stellantis NV executives on Tuesday to discuss the impact of the tariffs and possible relief measures.
President Donald Trump has approved a request to exempt automobiles from tariffs that have been imposed on imports from Canada
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