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Detroit Evening Report: Trump grants US automakers one-month exemption from tariffs on Canada, Mexico imports

5 March 2025 at 21:42

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:

  • Detroit officials will present $300,000 in grants Wednesday night for legacy businesses in the city as part of a new initiative to support small businesses, called the Detroit Legacy Business Project.
  • Lafayette Coney Island has reopened after passing inspection by the City of Detroit. The legendary downtown Detroit restaurant had been closed since late January because of health code violations.
  • The exterior of the new Hudson’s Detroit building has been completed after builders say the last external panel of glass was installed Tuesday.
  • Gas prices in Detroit are under $3 per gallon for the first time in a while, according to AAA Michigan. Analysts say lower crude oil prices have contributed to the trend, but gas prices could rise in coming weeks because of tariffs on imports from Canada. 

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The post Detroit Evening Report: Trump grants US automakers one-month exemption from tariffs on Canada, Mexico imports appeared first on WDET 101.9 FM.

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