Mary Barra, CEO of General Motors, says Trump’s tariff field in the field of auto manufacturers for us

Photo of author

By [email protected]


General Motors CEO Mary Barra expresses support for car definitions in the Trump administration, on the pretext that it allows us to compete more fairly in the international market.

“For decades now, this was not an equal field for us the world car manufacturers with the customs tariffs or non -sharp commercial barriers,” Para, President and CEO of General Motors, said in the future of Wall Street Journal at the conference of everything on Wednesday.

“I think the definitions are a tool that the management can use to settle the stadium stadium.”

On Thursday, the Federal Appeal Court made a decision to allow us the American president Donald Trump Definitions for survival are valid temporarily. In response to a 25 % Trump tariff for all imported cars and car parts, General Motors continues to take steps to enhance its manufacture in North America.

Trump’s tariff faces a legal battle, as the Federal Appeal Court prevents commercial ruling temporarily

The future of wsj in everything 2025

Mary Barra speaks on stage during the future of WSJ for everything 2025 in Glasshouse 28 May 2025, in New York City. (Dia Dipasupil / Getty Images / Getty Images)

“We were already in a process of more flexibility in this country, and we will continue to do so with our progress,” said Bara said on Thursday.

General Motors to pour $ 888 million in building a new V-8 engine in New York

General Motors, its headquarters In DetroitSal us earlier this month with a strike of up to $ 5 billion in 2025 car tariffs. However, Bara said that the company is working to benefit from some of the excess capacity it enjoys In the United States, Including an investment of $ 888 million in a New York payment factory to create the next generation V-8 engine.

General Motors logo

In this image clarification, the GM logo is displayed on a smartphone and a computer screen. (Pavlo Gonchaar/Sopa Images/Lightrockkets Vitty Images/Getty Images)

“We are investing in this country, and we make these decisions as we go,” she said. “Less than 900 million dollars. (It is) the most important investment we have made in history.”

General Motors CEO breaks silence on the pressure of the tariff and what does your wallet mean

During the past five years, after Covid-19 PandeMic She said that multinational car makers have also transferred more than 25 % of the supply chain to the United States less than 3 % of the direct parts of the auto industry.

Earlier this month, General Motors also moved Stop exporting some vehicles To China from the United States

President Donald Trump at the White House

President Donald Trump speaks to the correspondents during a meeting with the Prime Minister’s store, Norway Jonas, who spens the Oval Office at the White House April 24, 2025, in Washington, DC. (Chip Somodevilla / Getty Images / Getty Images)

“There are still more deals to do, so we are waiting for it,” she said. “But there are some moves that we are already making to enhance our manufacture in North America, because we can do it with the clarity that we already have.”

However, with GM increased its investments in the United States, Barca does not make any promises when it comes to pricing vehicles to consumers. She said that pricing was always dynamic, with new features and options appeared constantly.

Get Fox Business on the Go by clicking here

“I say it is a dynamic situation, and we go even before the word tariff is something that we talked about a lot,” Para said. “We will work to ensure that we are still able to compete, but I am very pleased because the strength of our products (it) is paying the consumer’s attention.”



https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/05/0/0/wsjs-future-of-everything-2025.jpg?ve=1&tl=1

Source link

Leave a Comment