Automakers fall after Trump confirms auto tariffs

ReutersApr 2, 2025 9:58 PM

Shares of some automakers fall in extended trading after U.S. President Donald Trump's tariff announcements

General Motors GM.N down 2%, Ford Motor F.N marginally down 0.40%

Trump administration confirms 25% tariffs on global cars and trucks starting Thursday, on auto parts starting May 3

Auto tariffs to cover nearly $600 billion in imports

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