Trump grants one-month tariff exemption for automakers
Trump grants one-month tariff exemption for automakers

Automakers received temporary reprieve Wednesday from US President Donald Trumps tariffs targeting Canada and Mexico, as concerns mounted over consumer impacts and talks with Canadian Prime Minister Justin Trudeau yielded no immediate breakthrough. Following discussions with the Big Three US...

Asia’s automakers lead decline amid Trump tariffs impact
Asia’s automakers lead decline amid Trump tariffs impact

Shares of Japanese and South Korean automakers, along with their suppliers, plunged on Monday as the region faced a heavy blow from the U.S. President Donald Trumps newly imposed tariffs on Mexico, Canada, and China, reports Reuters. Despite being anticipated, Trumps tariffs rattled major global...