
General Motors Warns Tariffs Will Lead To ‘A Smaller GM’ As ‘Stable Genius’ Trade Strategy Backfires (Again)
Witness the domino effect.
Two weeks after Daimler became the first major company to issue a profit warning citing international trade tensions and four days after Harley-Davidson revealed plans to move some production to Europe in what amounts to an effort to retain access to the European market, General Motors is out warning that tariffs could prompt the company to cut its U.S. presence.
https://twitter.com/heisenbergrpt/status/1012760405897306114
Specifically, GM is citing the administrat