Episode Details
Back to EpisodesMay 1, 2025 | GM could take $5 billion tariff hit; Cox Automotive analyzes Trump’s changes
Published 10 months, 2 weeks ago
Description
General Motors says tariffs could have up to a $5 billion impact this year as it cuts its 2025 profit forecast. Ford CEO Jim Farley says Trump’s import duty changes don’t do enough. Plus, Cox Automotive Chief Economist Jonathan Smoke and the company’s executive analyst, Erin Keating, talk about the likely impacts of the latest tariff moves on the industry.