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[ Fri, May 02nd ]: Forbes
Tariffs Slow New Car Buyers And Spark GM To Reduce Earnings Forecast
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Wed, April 30, 2025
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Trump's tariffs cause chaos among automakers, suppliers


  Copy link into your clipboard //automotive-transportation.news-articles.net/co .. iffs-cause-chaos-among-automakers-suppliers.html
  Print publication without navigation Published in Automotive and Transportation on by Politico
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source


  — The White House whipsawing on tariffs is throwing automakers into chaos — and some smaller parts suppliers could face financial ruin. — President Donald Trump signaled he would be open to making some tariff exemptions for the auto sector, but whether that comes to fruition remains to be seen.

In the article from POLITICO's Weekly Transportation newsletter dated April 21, 2025, the imposition of new tariffs by former President Donald Trump on imported vehicles and parts has caused significant disruption among automakers and their suppliers. The tariffs, aimed at protecting domestic manufacturers, have led to increased costs and supply chain issues, prompting industry leaders to seek exemptions and lobby for policy changes. The ripple effects are felt across the sector, with smaller suppliers particularly vulnerable to the economic pressures, and there is growing concern about the potential for job losses and reduced competitiveness in the global market.

Read the Full Politico Article at:
[ https://www.politico.com/newsletters/weekly-transportation/2025/04/21/trumps-tariffs-cause-chaos-among-automakers-suppliers-00299464 ]

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