G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs

General Motors executives are closely monitoring President Trump’s plans to impose tariffs on imports from Canada and Mexico, but are not making major changes to their North America strategy yet. The company has prepared a playbook of options in case tariffs become permanent, with a focus on increasing production at U.S. plants and shifting truck exports to other countries. Despite a $3 billion loss in the last quarter of 2024, G.M. expects to earn between $11.2 billion and $12.5 billion in 2025, with concerns about tariffs impacting their stock value and potential effects on their electric vehicle business.

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