Story perspectives

GM and Ford Warn Trump Trade Rules Could Cost Billions

8/14/2026

Summary

Story summary

General Motors and Ford will argue to U.S. President Donald Trump’s administration that the revised trade deal proposals could each cost the companies billions.
General Motors says the 50% U.S.-content rule would add at least $2 billion annually and estimates tariff-related expenses of $2.5-$3.5 billion this year, potentially over 20% of profit.
Ford projects a $1 billion net tariff hit for the year and will move Lincoln production from China to U.S. factories.

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Story summary

General Motors and Ford will argue to U.S. President Donald Trump’s administration that the revised trade deal proposals could each cost the companies billions.
General Motors says the 50% U.S.-content rule would add at least $2 billion annually and estimates tariff-related expenses of $2.5-$3.5 billion this year, potentially over 20% of profit.
Ford projects a $1 billion net tariff hit for the year and will move Lincoln production from China to U.S. factories.