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

ReutersApr 9, 2025 5:47 PM

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%

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