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Auto stocks resilient as U.S. spares Canada and Mexico newsthirst.

The Stellantis Windsor Assembly Plant in Windsor, Ontario, Canada, on Tuesday, Feb. 4, 2025. Bloomberg | Bloomberg | Getty Images Shares of some of the world’s biggest automakers appeared surprisingly resilient on Thursday, even after U.S. President Donald Trump’s 25% tariffs on foreign auto imports came into effect. Germany’s Volkswagen, Mercedes-Benz Group and BMW were…

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Trump may meet Canada and Mexico ‘in the middle’, says US commerce chief newsthirst.

Peter Hoskins Business reporter, BBC News EPA-EFE/REX/Shutterstock US Commerce Secretary Howard Lutnick (R) US Commerce Secretary Howard Lutnick has said President Donald Trump will “probably” announce a deal to reduce tariffs on Canada and Mexico on Wednesday. “Both the Canadians and Mexicans were on the phone with me all day today trying to show that…

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Trump could scale back Canada, Mexico tariffs Wednesday, Lutnick says newsthirst.

President Donald Trump will “probably” announce tariff compromise deals with Canada and Mexico soon, Commerce Secretary Howard Lutnick said Tuesday. The potential agreements would likely involve scaling back at least part of Trump’s brand new 25% tariffs on imports from Mexico and Canada, he added. Lutnick’s comments came minutes after the U.S. stock market limped…

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