The White House press secretary said Trump decided to pause the 25% tariffs on auto imports after talking to officials with Ford, GM and Stellantis.
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FOX 2 Detroit on MSNMetro Detroit businesses brace for Trump tariffs on Canada, Mexico starting TuesdayBusiness owners in Metro Detroit have expressed concern for the ripple effect it may cause on the price of goods. SOUTHFIELD, Mich. (FOX 2) - All eyes are on Washington DC as President Donald Trump's administration vows to impose tariffs on imports from Canada and Mexico,
The Canadian prime minister has a point that’s been lost in the fog of President Donald Trump’s first six tumultuous weeks back in the Oval Office.
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.
Michigan does a lot of trade with Canada, writes contributing columnist Andrea Bitely, and we stand to suffer if Trump imposes tariffs.
Group and packaged travel play a crucial role in cross-border travel, bringing people together for school trips, athletic events, business conferences, sightseeing, and tourism. According to the U.S. Travel Association, a 10% decline in Canadian tourism could mean $2.1 billion in lost revenue and 14,000 job losses nationwide.
Trump’s 25% tariffs on auto imports from Canada and Mexico hit Detroit 3 hard, threatening billions in profits and industry stability.
Canadian leaders have pledged retaliatory efforts against tariffs imposed by President Trump, such as blocking electricity exports.
Small business owners on either side of the Detroit River arrived at their stores to a new reality: They're in the middle of a trade war (AP video: Mike Householder)
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It's a sudden backing away after Tuesday’s tax hike hurt the stock market, worried consumers and started a trade war.
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.
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