GM expects to mitigate up to 50% of potential North American tariffs, which Ford describes as 'chaos'
CEO Mary Barra said GM has contingency plans ready for if tariffs are levied on auto parts and vehicles coming into the U.S.
autobodynews2d
GM Plans to Offset Up to 50% of Potential Tariff Costs, Ford Calls It 'Chaos'
Proposed tariffs on auto parts and vehicles from Canada and Mexico could “blow a hole in the U.S. industry that we’ve never seen, ...
Auto stocks slip on fears Trump tariffs will harm industry
Automaker stocks tumbled on Monday following impending imposition of President Trump’s tariffs on goods coming from Canada ...
Implemented or not, Trump's 25% tariff threat is challenging the auto industry
For months, automakers have been taking a “wait-and-see” approach to the Trump administration’s potential tariffs.
Trump's China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts
The move to put 10% additional tariffs on imports from China will impact a small number of U.S. vehicles, but increased costs ...
Trump's Tariffs and Their Impact on Auto ETFs
The U.S. has trade ties with Mexico and China related to the auto industry. The latest trade tensions thus put focus on these ...
GM or Ford: Which Auto Stocks are Most Exposed to Trump’s Tariffs?
Automaker shares led declines on Asian and European stock markets as President Donald Trump imposed 25% tariffs on Mexico and ...