GM Tumbles, Ford Slips, Tesla Up As Tariffs Weigh on Automakers
On this episode of Stock Movers: - General Motors (GM) shares tumbled following President Trump's announcement on auto tariffs. Trump signed a proclamation to implement a 25% tariff on auto imports, aiming to bring more manufacturing jobs to the US. - Ford (F) shares slipped also on the auto tariff news. The tariffs will come into effect on April 3, initially targeting fully assembled vehicles, and will expand to include major automobile parts by May 3.- Tesla (TSLA) shares ticked slightly higher in premarket trading after President Trump's tariff announcement yesterday. The president said…
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