General Motors
$GM · NYSE · CONSUMER CYCLICAL · 1 stories in 30 daysThe wire on $GM
newest first · duplicate source posts collapse into one event · direct subject stories onlyDetroit automakers warn trade revamp could cost at least $2B each annually
Detroit automakers warn proposed changes to the North American trade deal could add at least $2B in annual costs per automaker. Washington wants vehicles to contain at least 50% US-made content. GM expects $2.5B-$3.5B in tariff costs this year; Ford estimates a $1B hit. Automakers argue foreign rivals face lower tariff burdens.
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