The Trump administration is considering delaying tariffs on auto imports from Canada and Mexico for a month, Bloomberg reported Wednesday, citing people familiar with the matter.
Government officials met with the heads of Ford Motor (F), General Motors (GM), Stellantis (STLA) to discuss the matter on Tuesday, the report said.
F, GM, and STLA shares were up 3.6%, 4.9%, and 7.4%, respectively, in recent trading.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 9.44, Change: +0.32, Percent Change: +3.54
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