Trump gives US automakers one-month exemption from Canada, Mexico tariffs

The US auto industry has secured temporary relief from President Donald Trump's latest round of tariffs on Canada and Mexico, following discussions with major automakers. read more Trump gives US automakers one-month exemption from Canada, Mexico tariffs. Reuters/File Photo US President Donald Trump gave automakers a temporary exemption from tariffs on Canada and Mexico on Wednesday, just hours after a telephonic conversation with Canadian Prime Minister Justin Trudeau. The talks made little progress, and concerns grew over the impact on consumers. White House Press Secretary Karoline Leavitt said that after discussions with the "Big Three" US automakers—Stellantis, Ford, and General…