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

  • President Donald Trump grants a one-month exemption on tariffs for U.S. automakers including Stellantis, Ford, and General Motors, while urging production relocation to the United States.
  • Concerns arose about a trade war potentially harming U.S. manufacturers, prompting Trump's tariff adjustments.
  • An internal memo indicated the Trump administration is considering cutting over 80,000 jobs from the Department of Veterans Affairs, which was paused after concerns.
  • Trump criticized current efforts to address fentanyl flow, indicating dissatisfaction and intent to push harder on the issue.
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Center

President Trump grants three US car manufacturers a one-month delay: Ford, General Motors and Stellantis vehicles will not be subject to customs duties for the time being if they are imported from Canada or Mexico.

·Hamburg, Germany
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Center

When President Donald Trump told the House of Representatives this week that executives at the nation’s top automakers were “so excited” about their prospects amid his new tariff regime, he was not reflecting…

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The Market Periodical broke the news in on Tuesday, March 4, 2025.
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