Mary Barra On Tariff Impact: GM Projecting Up To a $5 Billion Loss
It’s no secret that American automakers like General Motors and Ford have significant international operations. Those business activities have become potential liabilities as the rapidly evolving tariff situation progresses, leading GM to announce expected losses in the billions of dollars.CEO Mary Barra told investors the automaker expects “tariff exposure of $4 to $5 billion,” a significant portion of which, $2 billion, comes from South Korean imports. Mexico also accounts fo