European auto stocks jump on Trump tariff pause as Stellantis pledges 'more American cars'
European automakers' shares jumped on Thursday after U.S. President Donald Trump gave carmakers a one-month reprieve from his punishing 25% tariffs on Canada and Mexico, with Chrysler-to-Fiat maker Stellantis pledging more American-made cars.
Auto makers have been warning that Trump’s tariffs would increase the cost of manufacturing, auto parts, and car prices.
Stellantis has told its U.S. dealers the 25% tariffs on products from Mexico and Canada will put the carmaker at a ...
President Donald Trump has delayed tariffs on automobile imports from Canada and Mexico for one month after requests from ...
A possible 25 percent levy on goods from Canada and Mexico is likely to raise the prices consumers pay for new cars and ...
Jeep maker Stellantis told its U.S. dealers Tuesday that newly-imposed 25% tariffs on all products from Mexico and Canada ...
President Trump is exempting automakers from newly imposed tariffs on Mexico and Canada for one month, the White House said ...
Shares of General Motors, Ford, and Stellantis climbed on Wednesday after a report suggested that the Trump admin may delay ...
President Trump on Wednesday announced a one-month exemption on tariffs against Canada and Mexico for cars following a ...
Stellantis may shift production plans for the next-gen Jeep Compass, prioritizing a gasoline-powered variant instead of the ...
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