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Stock impact report

One-Month Tariff Reprieve Creates Opportunity For Auto Shoppers [Forbes]

CarGurus, Inc. - Class A (CARG) 
Last cargurus, inc. - class a earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.cargurus.com/investor-relations
Company Research Source: Forbes
AFP via Getty Images U.S. automakers were granted a one-month reprieve from tariffs on vehicles imported from Canada and Mexico, President Donald Trump announced Wednesday. Trump agreed to the pause at the request of General Motors Co., Ford Motor Co. and Stellantis, White House press secretary Karoline Leavitt told reporters during an afternoon briefing. “The president is giving them an exemption for one month so they are not at an economic disadvantage,” Leavitt told reporters. Reciprocal tariffs, however, will go into effect on April 2, she said. That action in effect, fires a starting gun for consumers in the market for a new car or truck to get off the starting line of their search and make a decision. That's because the effect Read more
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