financetom
Business
financetom
/
Business
/
Trump says GM, Ford execs thanked him for tariffs, soaring stocks
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trump says GM, Ford execs thanked him for tariffs, soaring stocks
Oct 22, 2025 10:28 AM

WASHINGTON, Oct 22 (Reuters) - President Donald Trump

said the chief executives of General Motors Co ( GM ) and Ford Motor Co ( F )

called to thank him on Wednesday for putting tariffs on mid- and

large-sized trucks, saying their companies stock has soared.

"They told me that, without Tariffs, it would be a very

hard, long 'slog' for Truck and Car Manufacturers in the United

States," he said in a Truth Social post. Trump last week set new

25% tariffs on imported medium- and heavy-duty trucks and parts

starting November 1.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved