The White House press secretary said Trump decided to pause the 25% tariffs on auto imports after talking to officials with Ford, GM and Stellantis.

President Donald Trump has agreed to exempt automobiles from newly imposed tariffs on imports from Canada and Mexico for the next month.

The latest comments from Commerce Secretary is a sudden backing away after Tuesday’s tax hike hurt the stock market.

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 Trump on Wednesday announced a one-month exemption on tariffs against Canada and Mexico for cars following a meeting with the three major U.S. automakers. Trump spoke with the leaders of

Following the global debut in the United States, the fully electric, extended-length 2026 Cadillac Escalade IQL has also been announced for the Canadian market.

President Donald Trump has approved a request to exempt automobiles from tariffs that have been imposed on imports from Canada

Shares of General Motors, Ford, and Stellantis climbed on Wednesday after a report suggested that the Trump admin may delay auto tariffs.

All three Detroit automakers, along with others, build vehicles in Canada and Mexico that would face tariffs imposed by Trump.

What Happened? Shares of automotive manufacturer General Motors (NYSE:GM) jumped 8.2% in the mid-day session after the Trump administration announced a one-month delay for tariffs on automakers whose cars comply with the United States-Mexico-Canada Agreement.

President Donald Trump is giving US automakers a brief delay on tariffs imposed against Canada and Mexico as trade war tensions escalate and concerns rise domestically about the economy.The pause was confirmed at a news briefing by