LATEST STORIES:

U.S. automakers receive temporary tariff exemption from Trump

Share this story...

The United States’ top trading partners continue to deal with the fallout from President Donald Trump’s decision to move forward with a series of damaging tariffs.

Canada promptly rolled out a series of countermeasures in response, which garnered swift criticism from Trump.

The two leaders spoke on the phone Wednesday, and the White House has since announced that Trump will grant a one-month exemption for U.S. carmakers from tariffs on imports from Canada and Mexico.

The month-long exemption will apply to auto giants Stellantis, Ford, and General Motors but there has been no indication that Trump is willing to reverse course on the other tariffs.