Posted on

GM looks like a ‘net winner’ if Trump’s auto tariffs happen (GM)

mary barra gm

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

NOW WATCH: Ian Bremmer: Why the American dream doesn’t exist anymore

See Also:

China is not even pretending anymore in the South China Sea — it put 400 buildings on one of the disputed islandsWe compared Meghan Markle’s and Kate Middleton’s fashion choices — and the winner is clearThe 30-year-old millennial who is getting evicted by his parents explains why he’s too busy for a career

SEE ALSO: There’s been an executive shake-up at upstart stock exchange IEX as it struggles to attract a listing

Read more: