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Trump’s Tariffs Would Deal a Big Blow to Auto Industry
GM and other US automakers would take big hit from Trump tariffs
U.S. President-elect Donald Trump's plan to slap a 25% tax on all imports from Mexico and Canada could strike the bottom lines of U.S. automakers, especially General Motors , and raise prices of SUVs and pickup trucks for U.
Trump’s Tariffs Would Deal a Big Blow to the Auto Industry
Automakers and parts suppliers would struggle if President-elect Donald J. Trump followed through on his threat to impose 25 percent tariffs on imports from Canada and Mexico.
Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada
Nearly every major automaker operating in the U.S. has factories in Mexico, however GM and Stellantis produce highly profitable full-size pickup trucks there.
13d
As GM announces more layoffs, auto expert sees possible shift from EV production
Jan Griffiths, an automotive industry expert and founder of Gravitas Detroit, a company that works with the auto industry on ...
14d
on MSN
GM lays off about 1,000 workers, cutting costs to compete in crowded auto market
General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global ...
1d
on MSN
Trump tariffs would increase the price of cars made by US automakers by over $2K: Wells Fargo
US car prices would rise by over $2,000 if President-elect Donald Trump pushed ahead with tariffs on Canada and Mexico, Wells ...
1d
on MSN
How Trump’s tariffs could impact consumers
Expert discusses the potential economic impact of President-elect Donald Trump’s proposed tariffs on Mexico and Canada.
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