Reported about 11 hours ago
General Motors (GM) has seen a 15% surge in stock prices as it anticipates a lower impact from President Trump's tariffs, estimated between $3.5 billion and $4.5 billion. Citi Research highlights that GM has successfully mitigated 35% of the potential tariff hits through effective communication and negotiation with the administration, showcasing strong leadership under CEO Mary Barra. This proactive approach could potentially offset the tariff burden entirely by the end of 2026, making GM more competitive.
Source: YAHOO