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Wednesday, May 15, 2019

Ford, GM shares jump as Trump plans to delay auto tariffs

Workers build a truck as it goes through the assembly line at the Ford Kentucky Truck Plant in Louisville, Kentucky.

Bill Pugliano | Getty Images

Shares of Ford and General Motors jumped on Wednesday as President Donald Trump plans to delay auto tariffs for six months, people familiar with the situation told CNBC.

Ford and GM shares both added about 0.6% after opening with declines on the day.

Bloomberg first reported Trump's auto tariffs delay.

This is a developing story. Check back for updates.

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from Top News & Analysis https://cnb.cx/2WM9Urd

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