Trump's tariffs
Trump Pauses Auto Tariffs for One Month Amid Ongoing Trade Talks with Canada and Mexico
US President Donald Trump has announced a one-month exemption for US automakers from a 25% tariff on cars imported from Canada and Mexico. This exemption applies to cars and trucks that meet the USMCA's content rules, but other tariffs remain in place. Trump stated that he had spoken with the leaders of the three largest US automakers, Ford, General Motors, and Stellantis, before making this decision. The announcement was met with a surge in Wall Street stocks, with the shares of these three automakers increasing by 6% or more.
TL;DR (Meta-Llama-3.1-8B + RAG)
past month
- Canada Prepares to Defy Trump's Tariffs Amid Escalating Trade War
- US Tariffs Spark International Trade Tensions and Market Volatility
- Donald Trump raises China tariffs to 20%, confirms 25% duties on Mexican, Canadian imports starting Tuesday
- Tariffs on European Union products will be 25%, Trump says
- Trump signs plan for reciprocal tariffs on all US trading partners
- Trump to Announce Tariffs on Steel and Aluminium Imports
- Justin Trudeau Confronts Trump Over Suggestion of Canadian Annexation Amid Ongoing Trade Disputes
- US Postal Service Suspends Temporary Acceptance of Packages from Mainland China and Hong Kong
in the news
- free accesspublicly ownedSingapore
- free accessprivately ownedBell Media
- limited accessprivately ownedXavier Niels
- limited accesspublicly ownedSulzberger Family
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