India, Feb. 11 -- General Motors CEO Mary Barra asserted Tuesday that the company could absorb up to 50 percent of the prospective tariffs President Donald Trump has threatened on imports from Canada and Mexico.
Barra emphasized that GM has established robust contingency measures designed to mitigate short-term cost pressures without requiring additional capital expenditure. GM CFO Paul Jacobson added that if these tariffs persist, the automaker may need to realign its production or sourcing strategies.
These remarks follow pointed criticisms from Ford CEO Jim Farley, who condemned Trump's trade policies as highly disruptive to the auto industry.
Farley highlighted that the recently imposed 25 percent tariffs on steel and aluminum-combin...