In a significant move, President Trump has announced a one-month exemption from new tariffs on imports from Canada and Mexico for U.S. automakers, following discussions with the Big Three automakers. This decision comes amid mounting pressure from both the market and Republican lawmakers. As a result, stocks have surged, with analysts highlighting the importance of this tariff reprieve for the automotive industry. The temporary relief has been welcomed by car manufacturers, who had expressed concerns over the potential financial impact of the tariffs. This pause also opens the door for further negotiations over the final terms of these trade policies, potentially alleviating fears of increased vehicle prices for consumers.