We talked to the Big Three auto dealers. “We are going to give a one-month extension on any autos coming through [the United States-Mexico-Canada Agreement],” she stated. “Reciprocal tariffs will still go into effect on April 2, but at the request of the companies associated with USMCA, the president is giving them an exemption for one month, so they are not at an economic disadvantage.” Trump met with representatives from General Motors, Ford, and Stellantis this week. On Tuesday, he put 25% taxes on imports from Canada and Mexico, including autos. These levies would have increased automobile and truck prices for Americans by thousands of dollars.

Other headlines from Wednesday, March 5, 2025: Detroit officials will award $300,000 in grants to legacy firms in the city on Wednesday night as part of the Detroit Legacy company Project, a new small company support project. Lafayette Coney Island has reopened after passing an inspection by the City of Detroit. The iconic downtown Detroit eatery has been closed since late January due to health code breaches. The outside of the new Hudson’s Detroit facility is complete, according to builders, with the last external panel of glass fitted on Tuesday. According to AAA Michigan, gas prices in Detroit are now less than $3 a gallon for the first time in a while. Analysts believe that decreasing crude oil prices, but not gas prices, have contributed to the trend but gas prices could rise in coming weeks because of tariffs on imports from Canada.