BUZZ-US automakers rise after Trump's 90-day pause on tariffs

Reuters
10 Apr
BUZZ-US automakers rise after Trump's 90-day pause on tariffs

** U.S. automakers' shares rise after President Donald Trump announces 90-day pause on tariffs

** GM GM.N up ~6%, Ford F.N up ~5.7%

** Trump said on Wednesday he authorized a 90-day pause as part of his tariff plan but was raising the tariff rate for China to 125%, effective immediately

** YTD, GM up ~18%, F down ~10%

(Reporting by Utkarsh Shetti in Bengaluru)

((UtkarshUmesh.Shetti@thomsonreuters.com;))

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