'Trump Signs Order to Ban Some Foreign Energy Equipment From Grid' - Bloomberg
https://www.bloomberg.com/news/articles/2026-08-26/trump-signs-order-to-ban-some-foreign-energy-equipment-from-grid
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https://www.bloomberg.com/news/articles/2026-08-26/trump-signs-order-to-ban-some-foreign-energy-equipment-from-grid
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Read original at benzingaPresident Trump announced tariffs on Canadian vehicles will rise to 50% on January 1, 2027, doubling the current 25% rate. However, GM's stock showed muted reaction as the company has demonstrated resilience in the previous tariff cycle, absorbing $3.1 billion in costs against a $5 billion forecast and offsetting over 40% through pricing and manufacturing adjustments. GM has also reduced its Canadian footprint and raised profit guidance twice in 2026.
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