White House Grants One-Month Tariff Exemption for Automakers
The reprieve applies to cars from Canada and Mexico that comply with the free-trade deal between those two countries and the U.S.
Trump will delay some auto tariffs after Detroit Three push
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 and the chair of Stellantis, the White House said Wednesday.
U.S. automakers get one-month exemption on Mexico, Canada 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.
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,
White House Already Walking Back Some of its Mexico and Canada Tariffs
That didn’t take long. The White House announced Wednesday it would delay a portion of its 25 percent tariffs on Mexico and Canada to appease automakers whose execs rang President Donald Trump and asked for special treatment.
Why automakers’ short reprieve from tariffs isn’t enough to weather Trump’s escalating trade war
President Donald Trump granted U.S. automakers a short reprieve from stiff new tariffs on imports from Mexico and Canada this week.
White House announces 30-day reprieve from tariffs for autos under free trade deal
OTTAWA — The White House announced on Wednesday that the U.S. was providing a one-month exemption to automobiles covered by a free trade agreement with Canada and Mexico from the 25 per cent tariffs he slapped on both countries.
The Big 3 automakers wanted a tariff exemption. Trump has given them one month.
The White House said Donald Trump spoke to Stellantis, Ford, and General Motors officials who asked for the tariffs exemption.
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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.
Why General Motors, Ford, and Stellantis shares are rebounding on Wednesday
Shares of General Motors, Ford, and Stellantis climbed on Wednesday after a report suggested that the Trump admin may delay auto tariffs.
Trump administration mulls one-month delay of US tariffs on cars from Canada, Mexico: report
Officials reportedly met with Ford, General Motors and Stellantis NV executives on Tuesday to discuss the impact of the tariffs and possible relief measures.
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.