President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.
Tag: General Motors
Trump to Pause Auto Tariffs for Canada and Mexico for One Month
The president said he would pause a 25 percent tariff on cars coming from Canada and Mexico under a trade pact for one month, while other levies stay in place.
Trump’s Executive Order to End E.V. Subsidies Draws Pushback
Automakers and even some Republicans may fight to preserve funds, and environmental activists will likely sue, but some experts said that some changes may not survive legal challenges.
Bill Ford Says U.A.W. Strike Is Helping Tesla and Toyota
Mr. Ford, the executive chairman of Ford Motor, said nonunion automakers would make gains against Michigan automakers because of strikes by the United Automobile Workers union.
Lithium Scarcity Pushes Carmakers Into the Mining Business
Ford, General Motors and others are striking deals with mining companies to avoid raw material shortages that could thwart their electric vehicle ambitions.
As U.S. and Chinese Officials Meet, Businesses Temper Their Hopes
Chief executives in the U.S. have long pushed for closer ties between the two countries. Now they just hope a rocky situation won’t get worse.
Luxury Imports to Russia Take a Detour Around Sanctions — Through Dubai
More than a year into Vladimir Putin’s invasion, the web of global trade has adjusted to Western sanctions, with a network of middlemen sending cars, electronics and more to Russia.
Canada Border Blockades Leave Automakers Scrambling
Some companies are trying to use U.S.-Canada crossings hundreds of miles from the bridges that protesters have blocked.
G.M. Cancels Shifts at Michigan Plant Over Canada Protest Disruption
Ford Motor and Toyota have also shut down some operations because factories could not get parts made in Canada.
Vote at GM Plant in Mexico Spurs a Labor Challenge
Mexican salaries are low, partly because of unions that collude with employers. Workers at a G.M. factory are challenging that system, testing the labor reforms in the reworked North American trade deal.