DJT China quietly exempts US goods from tariffs, covering around $40 billion worth of imports, in an effort to soften the blow of the trade war on its own economy: BBG
DJT GM CEO Mary Barra says the Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion this year, as the nation’s largest automaker slashed its earnings projections.
According to an estimate from American University Kogod School of Business, GM’s US-built vehicles have American parts making up an average of 54% of their content.