GM warned Trump back in June that his tarriffs will negatively impact of the company over the long term.
June 2018: Trump’s tariffs will lead to a ’smaller GM’, automaker warns
https://business.financialpost.com/t...p-auto-tariffs
“Increased import tariffs could lead to a smaller GM, a reduced presence at home and abroad for this iconic American company, and risk less — not more — U.S. jobs,” GM said in a submission to the U.S. Department of Commerce that was published Friday.
“The penalties we could incur from tariffs and increased costs will be detrimental to the future industrial strength and readiness of manufacturing operations in the United States, and could lead to negative consequences for our company and U.S. economic security.”