Trump Delays 25% Auto Tariffs on Mexico, Canada Until April

President Donald Trump has announced a temporary one-month exemption from the 25% tariffs on automobile imports from Mexico and Canada, effective until April 2. This decision, confirmed by White House Press Secretary Karoline Leavitt, aims to alleviate pressure on major automakers such as Ford, General Motors, and Stellantis, who warned that the tariffs could disrupt the North American supply chain. Trump's move came after discussions with automotive industry leaders and reflects ongoing negotiations related to the United States-Mexico-Canada Agreement. Despite this pause, the tariffs are not completely revoked, as Trump maintains that they will be implemented on schedule. Analysts noted that while U.S. stock markets reacted positively to Federal Reserve comments, the uncertainty surrounding Trump's trade policies continues to create unease among investors. The administration's shifting stance on tariffs has raised concerns about the potential impact on vehicle prices, particularly for popular pickup trucks made in these countries.