President Donald Trump is considering a 25% tariff on imported autos.
This could be a tailwind for General Motors, because GM produces most of its vehicles in the US.
But there’s one caveat.
Watch GM trade in real time here.
Beneath all of the rubble and noise about the US’s trade negotiations with foreign partners are a few corporate winners in the US. One of those winners could be General Motors.
On Wednesday, President Donald Trump announced he’s considering a tariff of up to 25% on imported autos. And according to Charlie Chesbrough, senior economist at Cox Automotive, GM is “probably more on the winning end, because they get the majority of their vehicles produced domestically.” See the rest of the story at Business Insider
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