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Trump announces one-month delay on Canada, Mexico tariffs for automakers

  • U.S. Automakers received a one-month exemption from tariffs, as announced by White House Press Secretary Karoline Leavitt on March 5.
  • President Donald Trump approved the exemption after discussions with automakers Ford, General Motors, and Stellantis.
  • Reciprocal tariffs are still set to begin on April 2, affecting imports from Mexico and Canada.
  • The United Auto Workers Union is negotiating with the Trump administration to ensure the tariff policy supports American workers.
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Forbes broke the news in United States on Wednesday, March 5, 2025.
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