4.7 • 1.4K Ratings
🗓️ 28 July 2025
⏱️ 20 minutes
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0:00.0 | Brian Lair on WNYC. So you've probably been hearing the tariffs and trade deals headlines |
0:16.5 | in recent days yesterday with the EU, last week with Japan, Indonesia, and the Philippines. |
0:22.5 | In some cases, it seems like the U.S. will be imposing tariffs on their exports to us, |
0:29.3 | like 15% now for most things coming from the EU, |
0:32.5 | but they won't be taxing U.S. exports to them. |
0:37.3 | But an article in Kiplinger, the personal finance publication, |
0:40.7 | had this headline the other day, GM not planning to raise car prices, despite tariff hit, their CFO says. |
0:49.6 | So let's talk about that and the bigger picture of the relationship between these tariff changes |
0:54.0 | and what |
0:54.4 | Americans are paying and will pay for things with Alexandra's focus, personal finance reporter |
1:00.2 | for Kiplinger. Alexandra, thanks for coming on. Welcome to WNYC. Of course. Thank you so much for having |
1:06.5 | me. And listeners, as we've been inviting you to do all year regarding the tariffs, help us report this story. |
1:12.5 | Is your business eating extra costs for now, like apparently GM is? |
1:17.5 | Several other articles have been saying that's been a trend in corporate America. |
1:21.6 | Does this apply to you or your company or any other tariffs comments or questions? |
1:26.6 | 212-433. WNYC, 212, 433-9-692, call or text. |
1:35.4 | So, Alexandra, you reported that GM's quarterly report released this month |
1:39.7 | showed more than a billion dollar cost of tariffs to the company. |
1:44.6 | Did they get specific? |
1:45.8 | Or can you about how they're feeling that? |
1:49.7 | Yeah, absolutely. |
1:50.9 | So this is a trend we've seen basically across the automobile industry |
... |
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