From CNBC: 2025-02-11 14:55:08

President Donald Trump met with General Motors CEO Mary Barra to discuss potential tariffs on imports from Canada and Mexico. Barra stated GM could mitigate up to 50% of these tariffs without deploying capital. Ford CEO Jim Farley expressed concerns about tariffs causing chaos and increased costs in the automotive industry. Ford and GM stocks were impacted by this news. Farley plans to meet with government officials to address policy uncertainty. Ford called for a comprehensive look at all countries affected by potential tariffs.



Read more at CNBC: GM has plans to mitigate up to 50% of potential North American tariffs