The major U.S. automakers were given a one-month exemption from new tariffs on Canadian and Mexican imports, the Trump administration said Wednesday.

The commerce secretary has been in tense calls with foreign leaders over a gyrating trade agenda.

This post was written by Luke Carberry Mogan. US Secretary of Commerce Howard Lutnick outlined that the Big Three automakers — Ford (F), General Motors (GM), and Stellantis (STLA ...

Shares of General Motors, Ford, and Stellantis climbed on Wednesday after a report suggested that the Trump admin may delay auto tariffs.

Shares of GM, Ford, and Stellantis gained Wednesday as the White House granted the automakers a one-month exemption from new tariffs on Canada and Mexico.

President Donald Trump agreed to delay tariffs for one month on some vehicles built in North America after a call with the CEOs of General Motors and Ford and the chair of Stellantis, the White House said Wednesday.

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.