By Sahid Fawaz
General Motors is speaking up about the possible consequences of the Trump tariffs.
“General Motors Co. issued a stern warning to the Trump administration that it could shrink U.S. operations and cut jobs if tariffs are broadly applied to imported vehicles and auto parts.
The probe has raised alarm among manufacturers, parts suppliers and auto retailers because all major carmakers — including GM and Ford Motor Co. — import a substantial share of the vehicles they sell in the U.S. from other countries. Levies on parts also would have major implications for top models like the Ford F-150 pickup and Toyota Camry sedan by boosting prices by thousands of dollars.”
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