Corporate leaders and investors continue to be caught off guard by the president’s trade policy, especially as deal talks heat up.
The major U.S. automakers were given a one-month exemption from new tariffs on Canadian and Mexican imports, the Trump administration said Wednesday.
Shares of General Motors, Ford, and Stellantis climbed on Wednesday after a report suggested that the Trump admin may delay auto tariffs.
The president said he would pause a 25 percent tariff on cars coming from Canada and Mexico under a trade pact for one month, while other levies stay in place.
The Canadian Press on MSN4h
Ontario putting 25 per cent surcharge on U.S.-bound electricity Monday: FordTORONTO — Ontario Premier Doug Ford says starting Monday, the province will charge 25 per cent more for electricity shipped to 1.5 million Americans in response to U.S. President Donald Trump's tariffs.
Facing supply chain chaos and higher costs for consumers, Michigan auto leaders convinced President Donald Trump to give them a temporary exemption to 25% tariffs on imports from Canada and Mexico.
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