02:45 PM EST, 02/11/2025 (MT Newswires) -- General Motors ( GM ) expects to mitigate up to 50% of potential tariffs that President Donald Trump is threatening to levy on imports from Mexico and Canada, Chief Executive Mary Barra said Tuesday during a Wolfe Research investment conference, according to media reports.

Ford Motor ( F ) CEO Jim Farley also said during the conference that Trump's tariffs, whether they take effect or not, are causing "chaos" for the automotive industry, according to the reports.

GM shares were up 0.3% while F shares were flat in recent trading.

Price: 46.73, Change: +0.16, Percent Change: +0.33