The shares of auto ancillary stock Samvardhana Motherson International today rallied 9% to their day’s high of Rs 142.15 on the BSE, reversing Monday’s loss of 8% in intraday trade after US President Donald Trump has put a pause on his decision to impose 25% tariff on goods from Canada and Mexico.The announcement was made by Trump on Saturday, February 1 and affected the stock’s performance as Mexico contributed to a significant portion of the company’s revenue.For Samvardhana Motherson, exports and overseas units account for over 80% revenues. The company’s biggest business is modules and polymer products followed by wiring harness, vision systems, integrated assemblies and emerging businesses.Trump acknowledged over the weekend that his tariffs could cause some short-term pain for US consumers, but says they are needed to curb immigration and narcotics trafficking and spur domestic industries.However, the US President Donald Trump opted for a strategic pause on imposing steep tariffs on Mexico and Canada, announcing a 30-day suspension on Monday. The decision came as part of a broader agreement, where both neighboring countries committed to enhanced border security and crime enforcement measures, reflecting a cooperative approach to addressing key regional concerns.Also read: Premier Energies shares zoom 10% as Q3 PAT surges 491% YoYAdditionally, Samvardhana Motherson also announced its execution of a joint venture (JV) agreement by SMRC Automotive Holdings Netherlands, a wholly owned subsidiary of the company with Hamakyorex of Japan, which may have further contributed to the positive sentiment around the stock.Samvardhana Motherson International share price historyOver the past year, the stock has shown a gain of 20.08%. Year-to-date (YTD), it has experienced a loss of 10.43%. Looking at shorter periods, the shares are down 13.12% over the past month, 24.90% over the last three months, and 28.08% over the past six months.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)