GM and other US automakers would take big hit from Trump tariffs ReutersWhat could get more expensive if Trump launches a new trade war with Mexico and Canada CNNColumn | Trump’s ‘America First’ bullying is back The Washington PostMexico suggests it would impose its own tariffs to retaliate against any Trump tariffs The Associated PressWhy Is Trump Identifying the U.S.-Canada Border as a Problem?

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BING NEWS:
  • GM, Other US Automakers Face Sharp Profit Squeeze From Trump Tariffs, Analysts Warn
    Trump’s 25% tariffs could shrink U.S. automakers’ gross margins and put 17% of annual EBITDA at risk, says S&P Global. GM and Stellantis, heavily reliant on Mexican production, face the biggest hit, ...
    11/28/2024 - 11:14 pm | View Link
  • Trump tariffs would increase the price of cars made by US automakers by over $2K: Wells Fargo
    US car prices would rise by over $2,000 if President-elect Donald Trump pushed ahead with tariffs on Canada and Mexico, Wells Fargo said in a note.
    11/28/2024 - 12:12 am | View Link
  • Wells Fargo: Trump tariffs would add $2.1K to the price of cars made by U.S. automakers—and could cost Ford, Stellantis, and GM billions in profit
    If enacted, a 25% tariff on all auto parts from Canada or Mexico will add $2,100 in cost to the consumer for each U.S. assembly vehicle, according to Wells Fargo estimates. As for ...
    11/27/2024 - 5:06 am | View Link
  • GM and other US automakers would take big hit from Trump tariffs
    U.S. President-elect Donald Trump's plan to slap a 25% tax on all imports from Mexico and Canada could strike the bottom lines of U.S. automakers, especially General Motors , and raise prices of SUVs ...
    11/27/2024 - 2:29 am | View Link
  • GM, Ford fall on Trump tariffs seen adding $3,000 to car prices
    GM and Stellantis import 55 per cent of trucks sold in the U.S. from Mexico and Canada, according to Bernstein. Stellantis imports the heavy-duty version of its Ram pickup trucks and commercial vans ...
    11/27/2024 - 12:09 am | View Link
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