Winters are great...caught big pikes through the ice 2 straight saturdays...freezing my balls off inside the hut but worth it in the end...These winters though
Tariffs on Canada delayed for 30 days. Edit: Trump folds again. 90 day pause.
- Thread starter DesRicardo
- Start date
Trump will delay some auto tariffs after Detroit Three push
Story by David Shepardson
• 2h•
In this article
F▲ +5.76%
GM▲ +7.15%
STLA▲ +9.28%
By David Shepardson
WASHINGTON (Reuters) -President Donald Trump agreed to delay tariffs for one month on some vehicles built in North America after a call with the CEOs of General Motors and Ford and the chair of Stellantis, the White House said Wednesday.
The automakers had urged Trump to waive 25% tariffs on Mexico and Canada on vehicles that comply with the 2020 U.S.-Mexico-Canada Agreement's rules of origin. The move will benefit U.S. automakers and other foreign automakers that are in compliance.
"We are going to give a one-month exemption on any autos coming through USMCA... so they are not at a disadvantage," White House press secretary Karoline Leavitt told reporters. "Reciprocal tariffs will still go into effect on April 2."
Automakers have offered to boost U.S. auto investments but want certainty about tariff and environmental policies, the sources added, noting that Trump could on April 2 impose additional tariffs that could drastically impact U.S. auto production.
The North American auto supply chain is highly integrated through the United States, Canada and Mexico, as parts cross the border in various stages of manufacturing that could expose car companies to multiple tariffs.
GM CEO Mary Barra, Ford CEO Jim Farley along with Ford executive chairman Bill Ford and Stellantis chair John Elkann took part in the call on Tuesday.
The automakers declined to comment. Stellantis told dealers it was willing to expand U.S. investment. The White House did not immediately comment. Ford shares rose nearly 4% on Wednesday, while GM was up 5%.
Limiting the relief to vehicles that are in compliance could hit some foreign automakers that have opted to pay the 2.5% tariff to export vehicles from Mexico to the United States rather than comply with the North American free trade rules.
Trump, in his congressional address on Tuesday, said he had spoken to top executives at the Detroit Three automakers that day and said tariffs and other policies will result in higher growth and "allow our auto industry to boom."
Stellantis said it needs time before making major changes.
"We are prepared to work with the Trump administration to support further investment in our U.S. manufacturing footprint but we need time to make these changes without negatively impacting the business and our customers," Stellantis said in an email seen by Reuters.
Story by David Shepardson
• 2h•
In this article
By David Shepardson
WASHINGTON (Reuters) -President Donald Trump agreed to delay tariffs for one month on some vehicles built in North America after a call with the CEOs of General Motors and Ford and the chair of Stellantis, the White House said Wednesday.
The automakers had urged Trump to waive 25% tariffs on Mexico and Canada on vehicles that comply with the 2020 U.S.-Mexico-Canada Agreement's rules of origin. The move will benefit U.S. automakers and other foreign automakers that are in compliance.
"We are going to give a one-month exemption on any autos coming through USMCA... so they are not at a disadvantage," White House press secretary Karoline Leavitt told reporters. "Reciprocal tariffs will still go into effect on April 2."
Automakers have offered to boost U.S. auto investments but want certainty about tariff and environmental policies, the sources added, noting that Trump could on April 2 impose additional tariffs that could drastically impact U.S. auto production.
The North American auto supply chain is highly integrated through the United States, Canada and Mexico, as parts cross the border in various stages of manufacturing that could expose car companies to multiple tariffs.
GM CEO Mary Barra, Ford CEO Jim Farley along with Ford executive chairman Bill Ford and Stellantis chair John Elkann took part in the call on Tuesday.
The automakers declined to comment. Stellantis told dealers it was willing to expand U.S. investment. The White House did not immediately comment. Ford shares rose nearly 4% on Wednesday, while GM was up 5%.
Limiting the relief to vehicles that are in compliance could hit some foreign automakers that have opted to pay the 2.5% tariff to export vehicles from Mexico to the United States rather than comply with the North American free trade rules.
Trump, in his congressional address on Tuesday, said he had spoken to top executives at the Detroit Three automakers that day and said tariffs and other policies will result in higher growth and "allow our auto industry to boom."
Stellantis said it needs time before making major changes.
"We are prepared to work with the Trump administration to support further investment in our U.S. manufacturing footprint but we need time to make these changes without negatively impacting the business and our customers," Stellantis said in an email seen by Reuters.
Only people who don't like him for biased reasons think he's clueless.
if you suspend that bias, you'll realize that he's very good at setting the stage for negotiations that will benefit his country.
Look what he made Canada and Mexico do to fix border security...just with words.
Crazy like a fox.
Your statement is biased in itself.
When is that wall coming from the previous election?
How much have Canada and Mexico invested in border security in the past 2 months? $millions
How much did that cost the US? $0
Crazy like a fox. Master negotiator.
I actually do not disagree with this post. Could you not do it again? I will add both sides over there, can be more violent but Repugs are more violent than Dems and carry more guns.Green card is overrated...being in the GTA is the best place to be... Here, the liberals just meltdown...in the US they are violent...
WTF is Millions to a Trillion dollar economy? We spend more on dental care.
Why are we still getting tariffs if we agree to cover the border? Because he needs the money to cover for his lies.
He can't find $2 trillion in saving. Or am I being biased, right?
He's not a master negotiator, he's a conman and you are getting conned.
He's going to lead the stupid down the path of destruction, just like his last term.
Get conned by a con artist my friend.
Get Trudeau off the phone and let Doug Ford do the talking.
No carve-outs.
No carve-outs.
Questions about Canada at just after the 10 minute mark.
Fentanyl smuggling into the USA from Canada being discussed.
The administration isn't budging on their erroneous position.
Other than attempting to humiliate Justin I don't see what the end game is here other than economic isolationism.
I believe Ford and Trudeau teamed up together and actually wanted a trade war with the US instead of working with President Trump to prevent one. Both Ford and Trudeau were getting bad press because they're doing shit jobs, Ford more because he's corrupt,- now they can point their fingers at Trump deflecting from themselves. They're using fighting Trump as a rally cry to get re-elected which worked for Ford only because he's the POS that stunk least.
Ford profited huge during the pandemic by his family printing business Deco Labels making a lot of the covid store signage and six feet apart floor stickers etc. I saw a tweet yesterday he's strongly encouraging stores to put little Canadian labels on shelves so consumers can easily id Canadian products- if not he's going to legislate it. Can you say conflict of interest?
Trump called Trudeau out on the game he's playing today..
Justin Trudeau, of Canada, called me to ask what could be done about Tariffs. I told him that many people have died from Fentanyl that came through the Borders of Canada and Mexico, and nothing has convinced me that it has stopped. He said that it’s gotten better, but I said, “That’s not good enough.” The call ended in a “somewhat” friendly manner! He was unable to tell me when the Canadian Election is taking place, which made me curious, like, what’s going on here? I then realized he is trying to use this issue to stay in power. Good luck Justin!
Truth Social
Truth Social is America's "Big Tent" social media platform that encourages an open, free, and honest global conversation without discriminating on the basis of political ideology.truthsocial.com
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You're on fentanyl. Trump is a con man and liar that will say anything.I believe Ford and Trudeau teamed up together and actually wanted a trade war with the US instead of working with President Trump to prevent one. Both Ford and Trudeau were getting bad press because they're doing shit jobs, Ford more because he's corrupt,- now they can point their fingers at Trump deflecting from themselves. They're using fighting Trump as a rally cry to get re-elected which worked for Ford only because he's the POS that stunk least.
Ford profited huge during the pandemic by his family printing business Deco Labels making a lot of the covid store signage and six feet apart floor stickers etc. I saw a tweet yesterday he's strongly encouraging stores to put little Canadian labels on shelves so consumers can easily id Canadian products- if not he's going to legislate it. Can you say conflict of interest?
Trump called Trudeau out on the game he's playing today..
Justin Trudeau, of Canada, called me to ask what could be done about Tariffs. I told him that many people have died from Fentanyl that came through the Borders of Canada and Mexico, and nothing has convinced me that it has stopped. He said that it’s gotten better, but I said, “That’s not good enough.” The call ended in a “somewhat” friendly manner! He was unable to tell me when the Canadian Election is taking place, which made me curious, like, what’s going on here? I then realized he is trying to use this issue to stay in power. Good luck Justin!Truth Social
Truth Social is America's "Big Tent" social media platform that encourages an open, free, and honest global conversation without discriminating on the basis of political ideology.
Trump folded again today on the auto tariffs and gave a 30 day extension. He's worried, he saw the stock market reaction to tariffs.
Justin will be gone in 2 weeks and Carney will take over. I'm not a huge fan of Carney, but Trump will be sadly mistaken if he thinks "negotiations" are about to get easier.
Trump is also now waffling on the agricultural tariffs.
Fuck his "cat and mouse game"!
Premier Ford has the right idea. Hit the bully hard, show no weakness! All or nothing at all!!
They can fuck themselves.
Sorry but the walls are closing in on Trump:
Canada won't back down.
Mexico says it won't back down.
China said they're ready for any type of war.
EU says Trump's words are worth dirt.
You can get all your blonde haired republican bimbo's to keep shilling, it's not moving anyone.
