The reprieve applies to cars from Canada and Mexico that comply with the free-trade deal between those two countries and the U.S.

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.

OTTAWA — The White House announced on Wednesday that the U.S. was providing a one-month exemption to automobiles covered by a free trade agreement with Canada and Mexico from the 25 per cent tariffs he slapped on both countries.

President Donald Trump granted U.S. automakers a short reprieve from stiff new tariffs on imports from Mexico and Canada this week.

Shares of General Motors, Ford, and Stellantis climbed on Wednesday after a report suggested that the Trump admin may delay auto tariffs.

U.S. automakers are getting a one-month exemption from the Trump administration’s tariffs that went into effect Tuesday.

The president said he would pause a 25 percent tariff on cars coming from Canada and Mexico under a trade pact for one month, while other levies stay in place.

The announcement came one day after Trump imposed 25% taxes — or tariffs — on Mexican and Canadian imports, which experts worried would hamstring Michigan's auto industry.

President Donald Trump on Thursday paused tariffs on some products from Mexico and Canada, temporarily withdrawing major portions of a policy issued two days earlier. The one-month exemption will lift tariffs for all Canadian and Mexican goods compliant with United States-Mexico-Canada Agreement,

WASHINGTON — President Donald Trump is granting a one-month exemption on his stiff new tariffs on imports from Mexico and Canada for U.S. automakers, amid fears that the trade war could harm U.S. manufacturers.

That didn’t take long. The White House announced Wednesday it would delay a portion of its 25 percent tariffs on Mexico and Canada to appease automakers whose execs rang President Donald Trump and asked for special treatment.

The Dow rallied on Wednesday after the White House confirmed automakers would be exempted from tariffs on Mexico and Canada for a month. White House press secretary Karoline Leavitt said General Motors,