Mary Barra Says GM Is "Goal-Aligned" With Trump Despite Looming Tariff Nightmare

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Mary Barra Says GM Is "Goal-Aligned" With Trump Despite Looming Tariff Nightmare

^{Published on 2024-12-14 16:20:47 - MSN}

GM's CEO admitted proposed tariffs on cars imported from Mexico and Canada would have a big impact, but said president and automaker shared some ambitions

Mary Barra, CEO of General Motors (GM), has expressed that despite potential challenges from new tariffs, GM remains aligned with former President Donald Trump's goals, particularly in terms of economic growth and manufacturing in the U.S. This statement comes in the context of Trump's proposed 10% tariff on all imported goods, which could significantly impact the automotive industry. Barra highlighted GM's commitment to domestic production, noting that the company has invested heavily in U.S. manufacturing, aligning with Trump's "America First" policy. However, she also acknowledged the complexities introduced by these tariffs, which could increase costs for materials and parts, potentially affecting GM's pricing and competitiveness in the global market. Despite these concerns, Barra emphasized a cooperative stance, suggesting that GM would work with policymakers to navigate these economic policies effectively.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/economy/mary-barra-says-gm-is-goal-aligned-with-trump-despite-looming-tariff-nightmare/ar-AA1vRWwA ]

N@N

Mary Barra Says GM Is "Goal-Aligned" With Trump Despite Looming Tariff Nightmare