GM CEO backs Trump’s auto tariffs
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General Motors CEO Mary Barra shared her expectations for auto tariffs and their potential impacts on the industry, including how the company plans to absorb the earnings impact.
The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion this year. But in an interview on CNN, CEO Mary Barra said the ...
GM chief executive Mary Barra walked a tightrope in a letter to shareholders Thursday that sounded upbeat — but also warned that tariffs could cost the company as much as $5 billion this year.