Shares of General Motors, Ford, and Stellantis climbed on Wednesday after a report suggested that the Trump admin may delay auto tariffs.
Key TakeawaysShares of GM, Ford, and Stellantis gained Wednesday as Commerce Secretary Howard Lutnick suggested the automakers may get relief from new tariffs on Canada and Mexico.Lutnick said in an interview that President Trump is considering easing some the duties on certain sectors,
The announcement comes after Trump spoke with leaders of the "big 3" automakers, Ford, General Motors ... Commerce Secretary Howard Lutnick said there might be carveouts coming to the 25% tariffs ...
General Motors (GM) and Tesla (TSLA ... multiple unnamed sources told Bloomberg. Commerce Secretary Howard Lutnick said that relief from tariffs for automakers could be unveiled today.
President Trump is likely to announce more exemptions from his new tariffs on Canadian and Mexican products, Commerce Secretary Howard Lutnick said Thursday. In an interview with CNBC, Lutnick said Trump is likely to exempt Canadian and Mexican goods and services from tariffs that comply with the U.
Trump Officials Eye Tariff Relief for USMCA-Compliant Products, Lutnick Says By David Shepardson ... be a boon for Detroit automakers Ford, General Motors and Stellantis. It also would benefit ...
The federal government is pushing back its second and larger round of retaliatory measures against U.S. President Donald Trump’s tariffs — but just by one week — in response to his latest move to delay levies on most Canadian and Mexican goods by one month.
“What he is thinking about is which sections of the market that can maybe — maybe he’ll consider giving them relief,” Lutnick said ... Ford Motor Co., General Motors Co. and the Stellantis ...
President Trump is likely to announce more exemptions from his new tariffs on Canadian and Mexican products, Commerce Secretary Howard Lutnick ... companies — General Motors, Ford and Stellantis ...
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.