General Motors and Stellantis, the White House said Wednesday. Trump then broadened the exemption beyond autos for Mexico on Thursday. In response to concerns about the short timeline for auto ...

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Key Takeaways Shares of GM, Ford, and Stellantis gained Wednesday as Commerce Secretary Howard Lutnick suggested the automakers may get relief from new tariffs on Canada and Mexico.Lutnick said in an interview that President Trump is considering easing some the duties on certain sectors,

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. Ford warned the 25% tax would cause assembly lines to shut down as soon as next week.

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,

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