Markets Boosted As Trump Softens Tariff Pain For Auto Firms

International Business Times AU

International Business Times AU

Summary

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As part of a major White House initiative marking his first 100 days in office, President Donald Trump is preparing to host a high-profile event titled Investing in America, with a focus on showcasing a wave of corporate investments across the United States.
ABP Live
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General Motors slipped 2.8% after the automaker pulled its annual forecast due to tariff uncertainty.
The Gazette
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The automaker is pushing back its conference call to discuss its guidance and quarterly results until Thursday, so that it can assess potential tariff changes.
The Independent
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The Detroit automaker forecast in January net income between $11.2 billion to $12.5 billion for 2025, which did not include the impact of automotive tariffs.
Reuters

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