The White House press secretary said Trump decided to pause the 25% tariffs on auto imports after talking to officials with Ford, GM and Stellantis.
In a statement released Thursday, March 6, Rocket Mortgage announced it had begun winding down its operations in Canada. Completion is expected by June 27. The decision was reportedly made so Rocket Mortgage could focus on growth in the United States.
Korva herself didn’t want to talk politics with a Free Press reporter who had come to Windsor to gauge the mood in the city, but her comments shared one of the sentiments that was heard throughout the day: that people in the Windsor and Detroit areas are close, like family. Consternation at recent events was another.
Canadian leaders have pledged retaliatory efforts against tariffs imposed by President Trump, such as blocking electricity exports.
The Canadian prime minister has a point that’s been lost in the fog of President Donald Trump’s first six tumultuous weeks back in the Oval Office.
After an outcry from Detroit, President Donald Trump has granted one-month tariff exemptions on most auto imports from Canada and Mexico, underscoring the continued clout of US carmakers. While greeting Trump's tariff reprieve for USMCA-covered auto imports,
President Donald Trump will exempt Mexican and Canadian goods covered by the North American trade agreement known as USMCA from his 25% tariffs, offering major reprieves to the U.S.’s two largest trading partners.
GM and Stellantis would be most affected by the tariffs, given that they rely “significantly” on both Canada and Mexico for their U.S. vehicle sales.
Group and packaged travel play a crucial role in cross-border travel, bringing people together for school trips, athletic events, business conferences, sightseeing, and tourism. According to the U.S. Travel Association, a 10% decline in Canadian tourism could mean $2.1 billion in lost revenue and 14,000 job losses nationwide.
Trump’s threats of tariffs and annexation have rattled Windsor, Ontario, stirring unease and leaving business leaders struggling to navigate the uncertainty.
Business owners in Metro Detroit have expressed concern for the ripple effect it may cause on the price of goods. SOUTHFIELD, Mich. (FOX 2) - All eyes are on Washington DC as President Donald Trump's administration vows to impose tariffs on imports from Canada and Mexico,