General Motors (GM) is preparing for potential tariffs on automotive imports proposed by the Trump administration, leveraging its experience from past crises, according to CFO Paul Jacobson. He noted that GM has proactively reduced inventory at its international plants to mitigate potential cost increases. Lessons learned during the pandemic have improved GM’s responsiveness to supply chain disruptions. While GM is exploring strategies to offset tariff impacts, it may need to rethink production allocations if tariffs are implemented permanently, though expanding domestic production could be costly.

Source: https://www.supplychaindive.com/news/gm-tariffs-paul-jacobson-trump-cfo/740560/