GM CEO Mary Barra backs Trump’s auto tariffs as a tool to help US manufacturers

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General Motors CEO Mary Barra has expressed her support for the automotive tariffs implemented by the Trump administration, stating that they help U.S. automakers compete more fairly in the global market.

Barra, who serves as the chair and CEO of General Motors, made these comments at The Wall Street Journal’s Future of Everything conference, emphasizing the need for a level playing field for U.S. automakers in the international arena.

She believes that tariffs are a necessary tool for the administration to address the trade barriers that have hindered U.S. automakers for years.

Following a federal appeals court decision to temporarily uphold President Donald Trump’s tariffs on imported automobiles and parts, General Motors has been focusing on strengthening its North American manufacturing operations.

Despite projecting a potential impact of up to $5 billion in 2025 from the auto tariffs, Barra stated that the company is taking steps to enhance its U.S. manufacturing capabilities, such as investing in a New York propulsion plant to develop a next-generation V-8 engine.

General Motors has also been working to localize its supply chain, moving over 25% of its direct parts sourcing to the U.S. and reducing its reliance on Chinese suppliers.

Barra emphasized the company’s commitment to investing in the U.S. and making strategic decisions to strengthen its manufacturing operations domestically.

While focusing on increasing its U.S. investment, General Motors is cautious about making promises regarding vehicle pricing for consumers, citing the dynamic nature of pricing influenced by new features and options.

Barra highlighted the company’s dedication to remaining competitive in the market and ensuring that the quality of their products drives consumer interest.

Overall, General Motors is navigating the challenges posed by tariffs and trade barriers by prioritizing U.S. manufacturing and strategic investments to bolster its operations in the country.