While the US and China agreed this month to temporarily lower duties in a de-escalation of the trade war, the ever-changing policies have caused chaos. They’ve left automakers struggling to assess the immediate financial implications as well as the impact on longer-term investment plans.
General Motors Co. has halted shipments of a small number of US-made vehicles to China as the fallout of US President Donald Trump’s tariffs reshapes the global auto sector.
The move is part of a restructuring of GM’s Durant Guild, named after founder Billy Durant and set up in 2022 to import premium models such as the GMC Yukon and Chevrolet Tahoe into China. But escalating trade tensions between Washington and Beijing have seen carmakers caught in the middle and facing onerous tariffs that effectively blocked trade.
