GM Stock Rises. Trump’s South Korea Trade Deal Is Good News. - Barron's
1. GM relieved by U.S.-South Korea trade deal, reducing tariffs from 25% to 15%. 2. GM imports significant cars from South Korea, affecting future production costs positively. 3. The trade agreement boosts GM's competitiveness while aligning with U.S. operations. 4. GM's future tariff impact estimated at $4.5 billion; new deal likely lowers this. 5. Investors await tariff rate news from Canada and Mexico, influencing GM's strategy.