Mexico’s peso and Canada’s dollar got a boost after President Donald Trump pushed back the deadline for levies on goods from both countries, raising investor skepticism over one of the US leader’s signature policies.

U.S. President Donald Trump on Wednesday raised hopes for another pause on steep new tariffs on imports from Mexico and Canada by saying they would take effect on April 2, about a month later than a deadline next week.

WASHINGTON (Reuters) - A majority of the U.S. Senate on Wednesday voted to confirm Jamieson Greer as U.S. Trade Representative, putting the veteran of President Donald Trump's first-term trade wars fully on the job just days ahead of a March 4 deadline for punishing 25% tariffs on imports from Canada and Mexico.

President Donald Trump announced that tariffs on Canadian and Mexican imports will take effect next month, ending a suspension that had delayed their implementation.

Stellantis faces uncertainty around tariffs promised by U.S. President Donald Trump that could significantly reduce its profits, while the Jeep-maker is already struggling to recover from what it called a "rough" 2024.

WASHINGTON (Reuters) - Canada and Mexico are expected to intensify efforts this week to avoid punishing 25% tariffs on their exports to the U.S. in talks to persuade President Donald Trump's administration that their steps to increase border security and curb fentanyl trafficking are working ahead of a March 4 deadline.

Auto industry leaders are trying to convince Trump to spare them from 25% levies on imports from Canada and Mexico that are set to take effect next week.

President Donald Trump on Wednesday claimed that his proposed tariffs would actually boost the Detroit automakers, despite most evidence pointing to the contrary.