We're tracking several developments involving the Trump administration this week. Following talks with big three automakers, Ford, General Motors and Stellantis, President Donald Trump has given the auto industry a one-month exemption to tariffs on imports from Canada and Mexico.
The Big Three automakers Ford , General Motors and Chrysler-owner Stellantis face a huge reduction in profits from a prolonged tariff war, according to analysts at Bernstein, addi
The announcement comes after Trump spoke with leaders of the "big 3" automakers, Ford, General Motors, and Stellantis on Wednesday.
Shares of automakers Ford, General Motors and Stellantis traded at or near session highs Wednesday afternoon, after the White House said it would give a one-month exemption to tariffs on automobiles coming from Canada and Mexico.
After speaking with the leaders of Ford, General Motors, and Stellantis, President Donald Trump announced a one-month exemption for automakers from his stiff new tariffs on imports from Mexico and
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Stellantis is thanking the Trump administration for giving it a one-month exemption from tariffs on Canada and Mexico, saying it aims to build more cars in the U.S.
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Stocktwits on MSNFord, GM, Stellantis Stocks Gain As Trump Delays Mexico, Canada Auto Tariffs — But Retail Frustration Mounts Over Policy WhiplashShares of Ford Motor Co., General Motors Co., and Stellantis NV rallied on Wednesday after the Trump administration announced a temporary exemption from tariffs on some vehicles imported from Mexico and Canada.
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Stocktwits on MSNFord, GM, Stellantis Jump After-Hours As Trump Rekindles Tax Deduction Plan For US-Made Cars Amid Rising Retail ConfidenceShares of Ford Motor Co., General Motors Co., and Stellantis NV climbed in after-hours trading on Tuesday following remarks from President Donald Trump, who reiterated his plan to make interest payments on car loans tax deductible — but only for American-made vehicles.
Shares of General Motors, Ford, and Stellantis climbed on Wednesday after a report suggested that the Trump admin may delay auto tariffs.
Samsung SDI considers building a new plant in the US as it seeks to expand and offset Trump's EV policy. Other Korean makers plan to invest $54B.
The stock market surged on Wednesday after the Trump administration granted automakers a one-month exemption from tariffs imposed a day earlier. The Dow Jones Industrial Average closed the trading session up nearly 500 points, or 1.1%, while the S &P 500 also jumped 1.1%. The tech-heavy Nasdaq increased nearly 1.5% on Wednesday.
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