GM Says Trump Tariffs Could Lead to Layoffs

GM Says Trump Tariffs Could Lead to Layoffs

Assessment

Interactive Video

Business, Social Studies, Architecture

University

Hard

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FREE Resource

The video discusses GM's opposition to potential tariffs from the 232 investigation, which could impact imported vehicles and GM's operations. GM imports cars from Europe, China, and Mexico, and fears tariffs could reduce sales, jobs, and profits. The timing of GM's statement coincides with the deadline for input on the investigation. The video also explores global trade dynamics, including responses from the EU and Canada, and the potential impact of zero tariffs on US automakers.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does GM want to ensure regarding their ability to import vehicles and parts?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the context of GM's statement in relation to the Trump administration?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does GM's position on tariffs reflect their business strategy in Mexico and China?

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