9 Articles
9 Articles

Shares of GM and other automakers slump as they face higher costs from Trump tariffs
Automaker stocks slumped following President Donald Trump’s announcement that he will place 25% tariffs on auto imports. Automakers have spread out their supply chains and production facilities throughout North America and parts and production steps often cross one or more…
5 questions about Trump’s auto tariffs
President Trump escalated his trade war with partners when he announced this week he would impose a 25-percent tariff on foreign vehicles and automobile parts. The president argued that tariffs would encourage foreign car producers to move production into the United States and boost American jobs, but backlash from trading partners and a hit on…
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