Stellantis pledges more American cars, thanks Trump for one-month tariff exemption

MILAN (Reuters) – Automaker Stellantis said on Thursday it shared U.S. President Donald Trump’s goal of building more cars in the United States, as it thanked him for granting a one-month exemption from tariffs on Canada and Mexico.

The White House on Wednesday said Trump would exempt automakers from his punishing 25% tariffs on the two countries for one month as long as they comply with existing free trade rules.

“We share the President’s objective to build more American cars and create lasting American jobs. We look forward to working with him and his team,” Stellantis said in a statement.

The company, which at the start of Trump’s presidency had announced investments at its U.S. operations, said in a note it strongly supported “his determination to enable the American automotive sector to thrive”.

(Reporting by Giulio Piovaccari; Editing by Giulia Segreti and Jan Harvey)