From CNBC: 2025-03-27 16:15:00

General Motors (GM) stock plunged over 7% after President Trump announced 25% tariffs on all cars not made in the U.S., hitting GM’s heavy reliance on Mexico for production. Mexico accounted for 16.2% of U.S. vehicle imports in 2024, double that of South Korea and Japan. GM may need to rebalance due to exposure.



Read more at CNBC: GM stock is getting hit the hardest