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 grants one-month exemption for US automakers from new tariffs on imports from Mexico, Canada
WASHINGTON (AP) — Commerce Secretary Howard Lutnick said there might be carveouts coming to the 25% tariffs placed on Canada and Mexico by President Donald Trump, a sudden backing away after Tuesday’s tax hike hurt the stock market, worried consumers and started a trade war.
Trump agrees to one-month tariff reprieve aimed at helping U.S. automakers
The Trump administration has postponed tariffs for U.S. automakers by one month, while keeping the rest of 25 percent tariffs imposed on Mexico and Canada.
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 ...
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Why Is General Motors (GM) Stock Soaring Today
What Happened? Shares of automotive manufacturer General Motors (NYSE:GM) jumped 8.2% in the mid-day session after the Trump ...
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 ...
Cadillac F1 Boss Outlines Intense Preparations to be a Key Contender in 2026
Cadillac F1 team principal Graeme Lowdon has detailed the extensive preparations underway to ensure the team is ready to ...
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GM Korea holds meeting with gov't to discuss U.S. tariffs: sources
GM Korea reportedly held a meeting with government officials to discuss responses to the Donald Trump administration's plan ...