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History Says What the 2025 Auto Tariffs Cost General Motors, and Canada's Rate Is About to Double

The Motley Fool·
History Says What the 2025 Auto Tariffs Cost General Motors, and Canada's Rate Is About to Double

President Trump announced tariffs on Canadian vehicles will rise to 50% on January 1, 2027, doubling the current 25% rate. However, GM's stock showed muted reaction as the company has demonstrated resilience in the previous tariff cycle, absorbing $3.1 billion in costs against a $5 billion forecast and offsetting over 40% through pricing and manufacturing adjustments. GM has also reduced its Canadian footprint and raised profit guidance twice in 2026.

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