European auto stocks jump on Trump tariff pause as Stellantis pledges 'more American cars'
European automakers' shares jumped on Thursday after U.S. President Donald Trump gave carmakers a one-month reprieve from his punishing 25% tariffs on Canada and Mexico, with Chrysler-to-Fiat maker Stellantis pledging more American-made cars.
Trump delays tariffs on most Mexican imports for one month
The president's announcement clashes with his previous comments claiming the sweeping tariffs would be enforced without exclusions, exemptions or further delays.
How Trump Justifies His Tariffs — From Budget Balancing to Protecting 'The Soul' of America
Trump, however, is granting a one-month exemption on his stiff new tariffs on imports from Mexico and Canada for U.S. automakers, as worries persist that the newly launched trade
Stellantis pledges more American cars, thanks Trump for one-month tariff exemption
MILAN (Reuters) -Automaker Stellantis said on Thursday it shared U.S. President Donald Trump's goal of building more cars in the United States, as it thanked him for granting a one-month exemption from tariffs on Canada and Mexico.
Trump expands exemptions from Canada and Mexico tariffs
Trump said he was granting the two US neighbours a temporary exemption on tariffs that he imposed two days ago.
Trump delays some tariffs on Mexico and Canada for one month
President Donald Trump on Thursday signed executive actions that delay for nearly one month tariffs on all products from Mexico and Canada that are covered by the USMCA free trade treaty, a significant walkback of the administration’s signature economic plan that has rattled markets,
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