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US automakers are concerned about President Donald Trump's agreement to tariff Japanese vehicles at 15%, saying they will ...
Blunt said in an interview the U.S. companies and workers “definitely are at a disadvantage” because they face a 50% tariff ...
The company expects the impact from the Trump administration's tariffs to take a bigger toll in the third quarter.
Blunt was similarly critical in May after Trump announced a trade deal with the United Kingdom. Under the terms of that deal, ...
General Motors Company (NYSE:GM) is navigating a complex automotive landscape, contending with rising tariffs and significant ...
The U.S. has had 25% tariffs on auto tariffs since April, but President Donald Trump has negotiated that tax down to 15% for ...
DETROIT (FOX 2) - The impact of tariffs is causing frustration for Metro Detroit businesses both large and small. Meanwhile, ...
Shares of General Motors , Ford Motor , and Jeep-maker Stellantis , some of the biggest automakers in the U.S., rallied on ...
Trump said late Tuesday that Japan would be subject to a 15% tariff, significantly lower than the 27.5% rate currently in ...
Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.
Despite major tariff costs, GM won’t raise car prices—choosing to absorb the hit and focus on long-term solutions instead.
General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...