Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.

GM and Stellantis would be most affected by the tariffs, given that they rely “significantly” on both Canada and Mexico for their U.S. vehicle sales.

Shares of GM, Ford, and Stellantis gained Wednesday as the White House granted the automakers a one-month exemption from new tariffs on Canada and Mexico.

The Trump administration is granting a one-month carveout on tariffs against Canada and Mexico for automakers, White House press secretary Karoline Leavitt announced.

The White House said Wednesday U.S. President Donald Trump has granted automakers Ford (NYSE:F), General Motors (NYSE:GM), and Stellantis NV (NYSE:STLA) a one-month reprieve on tariffs just imposed by the U.

After an outcry from Detroit, President Donald Trump has granted one-month tariff exemptions on most auto imports from Canada and Mexico, underscoring the continued clout of US carmakers. While greeting Trump's tariff reprieve for USMCA-covered auto imports,

President gives 30-day tariff relief to U.S. auto sector, which relies heavily on parts crossing Mexico and Canada borders multiple times

President Donald Trump has granted an exemption on auto tariffs on Mexico and Canada for one month, White House Press Secretary Karoline Leavitt confirmed Wednesday.

The announcement came one day after Trump imposed 25% taxes — or tariffs — on Mexican and Canadian imports, which experts worried would hamstring Michigan's auto industry.

President Donald Trump granted a one-month tariff exemption to any autos coming from Mexico and Canada for Ford, General Motors, and Stellantis.

The White House said on Wednesday that U.S. President Donald Trump is granting a one-month exemption to three major automakers from the newly imposed 25-percent tariffs on Mexico and Canada. "We spoke with the big three auto dealers (makers),