Reported 2 days ago
In a recent CNBC segment, Jim Cramer addressed the potential impact of tariffs on General Motors (GM) and the auto industry. He suggested that rising costs due to tariffs could deter consumer purchases, urging buyers to act quickly before prices increase. Cramer also expressed skepticism about the efficacy of negotiations relating to trade policies and noted that companies shifting production abroad may find it more challenging than anticipated. He remains cautious about GM's prospects, especially in light of the Fed's interest rate decisions and consumer sentiment.
Source: YAHOO