25-03-2018 15:00 via feedproxy.google.com

Trump's tariff's will have a 'twofold effect' on General Motors (GM)

Trump's tariffs pose risks on both sides of General Motors' supply chain, according to Cox Automotive economist Charlie Chesbrough.
The cost increases that GM passes onto consumers will lower demand for its cars.
Those cost increases that aren't passed onto consumers will impact GM's bottom line.
President Donald Trump's tariffs pose a risk to General Motors on two levels, economist Charlie Chesbrough of Cox Automotive told Business Insider. Those risks pertain directly to the company's US busin
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