One month tariff extension for Mexico Canada auto imports
President Trump grants a one month exemption suspending the 25 percent tariffs on autos from Canada and Mexico after talks with Ford GM and Stellantis. White House says the pause lets automakers prepare while broader reciprocal plans loom for April 2.
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Tariffs Trigger Business Fallout Across Sectors
Minnesota farmer fears fertilizer costs while San Diego restaurateur faces remodel price hikes. A Midwestern sheet metal shop decries higher aluminum costs as U S tariffs on Canada Mexico and China launch a trade war. Experts warn inflation and slower growth if tariffs endure, with firms racing to absorb or pass on costs.
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Wall Street climbs after Trump tariff concession boosts markets
U.S. stocks rose as Trump temporarily eased some tariffs, lifting sentiment that a full scale trade war might be avoided. The S&P 500 gained 1.1 percent, the Dow rose 485 points, and the Nasdaq climbed 1.5 percent as Ford and GM shares jumped over 5 percent.
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