Pressures on the President of the United States continue to grow; however, he remains steadfast in his plan to impose tariffs. After analyzing the possibility of pausing agricultural tariffs, he decides to halt them in the automotive sector. A one-month exemption is announced after reaching an agreement with Ford, GM, and Stellantis.
In an effort to pressure automakers in Mexico to move their production to the United States, Trump has held conversations with leaders of Ford, GM, and Stellantis. As a result, a one-month exemption from tariff payments is announced for American automakers in Mexico and Canada.
Mexico City is seeking alternatives in case the United States insists on implementing tariffs. The head of government, Claudia Sheinbaum, urges Trump to reconsider this measure and assures that social programs are not in danger. In addition, she receives support from 40 business leaders. A phone call between both leaders is expected today.
In another instance, Trump decides to delay tariffs on vehicles for one month. However, Ford, Stellantis, and General Motors must move their production to the United States if they wish to continue benefiting from this extension, as announced by the Republican president.
The most notable news this Thursday, March 6, 2025, in the country's main newspapers includes Trump's firm stance in postponing tariffs only in the automotive sector and for just one month, thus complying with the request of companies belonging to the USMCA.
The American president exempts the automotive sector from tariffs for one month, indicating that to extend this benefit, companies must increase their production in U.S. territory.
