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 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.
Trump pauses tariffs for some Canadian and Mexican goods
President Donald Trump on Thursday paused tariffs on some products from Mexico and Canada, temporarily withdrawing major portions of a policy issued two days earlier. The one-month exemption will lift tariffs for all Canadian and Mexican goods compliant with United States-Mexico-Canada Agreement,
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.
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
Why automakers' short reprieve from tariffs isn’t enough to weather Trump’s escalating trade war
Trump granted a one-month exemption to 25 percent tariffs on vehicles and auto parts traded through the North American trade agreement USMCA.
General Motors Receives Approval For 11th Formula One Team In 2026
General Motors Corp., after a series of twists and complications, received final approval to go racing in Formula One in 2026 ...
United States Senator Hails Cadillac's Formula 1 Entry In 2026
Cadillac will add an 11th team to Formula 1 in 2026, and Minnesota Senator Amy Klobuchar is happy to see an all-American team ...
StockStory.org on MSN4d
Why Is General Motors (GM) Stock Soaring Today
Shares of automotive manufacturer General Motors (NYSE:GM) jumped 8.2% in the mid-day session after the Trump administration ...
Trump grants one-month exemption for US automakers from new tariffs on imports from Mexico, Canada
The latest comments from Commerce Secretary is a sudden backing away after Tuesday’s tax hike hurt the stock market.
Zacks Investment Research on MSN4d
General Motors (GM) Moves 7.2% Higher: Will This Strength Last?
General Motors (GM) shares ended the last trading session 7.2% higher at $48.48. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This ...
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 ...
Automakers want to start banks, hoping to benefit from lighter-touch rules
The country’s largest automakers want to get into banking, hoping for a receptive audience from Trump-appointed officials ...
Iconic Corvette faces changes ahead, but enthusiasts are confident
The retooling work is likely routine enhancements needed to make high-performance vehicles at this range, experts say. The ...