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Vehicles for sale outside James-Martin Chevrolet in Detroit, Wednesday, March 5, 2025.
President Donald Trump has paused auto tariffs on vehicles imported from Canada and Mexico for one month.
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White House press secretary Karoline Leavitt made the announcement Wednesday afternoon.
“We spoke with the Big Three auto dealers. We are going to give a one-month extension on any autos coming through [the United States–Mexico–Canada Agreement],” she said. “Reciprocal tariffs will still go into effect on April 2, but at the request of the companies associated with USMCA, the president is giving them an exemption for one month, so they are not at an economic disadvantage.”
Trump spoke with representatives of General Motors, Ford and Stellantis this week. He imposed 25% tariffs Tuesday on imports from Canada and Mexico, including vehicles.
Those taxes would have eventually raised car and truck prices for Americans by thousands of dollars.
Other headlines for Wednesday, March 5, 2025:
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