BUZZ-GM, Ford, Tesla up as Trump pauses tariffs on Canada, Mexico

Reuters06:08
BUZZ-GM, Ford, Tesla up as Trump pauses tariffs on Canada, Mexico

** Shares of General Motors GM.N, Ford Motor F.N and Tesla TSLA.O up between 1.5% and 2.3% in extended trading

** U.S. President Donald Trump will postpone threatened tariffs on Canadian imports for at least 30 days, Canadian Prime Minister Justin Trudeau says

** U.S. paused new tariffs on Mexico for one month after Mexico agreed on Monday to reinforce its northern border with 10,000 National Guard members to stem the flow of illegal migration and drugs, earlier in the day

** Major U.S. stock indexes closed lower on Monday, even as they partly recovered from initial steeper losses as Trump delayed tariffs on Mexico .N

(Reporting by Akash Sriram in Bengaluru)

((Akash.Sriram@thomsonreuters.com; https://twitter.com/hoodieonveshti;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment