Trump tariffs risk turning American businesses into corporate welfare recipients, warns Citadel's Ken Griffin [Yahoo! Finance]
General Motors Company (GM)
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Source: Yahoo! Finance
from foreign competition will become complacent and reliant on lobbying rather than innovation and productivity. (Source: 'I am gravely concerned that the rise of tariffs puts us on a slippery slope towards crony capitalism,' warned Griffin.) According to John David Rainey, Walmart's U.S. customers will be the ones paying for any tariff-related cost increases that the retail giant cannot absorb. (Source: Walmart finance chief John David Rainey leveled with Americans on Thursday, telling Fox News that its U.S. customers would be the ones paying for any tariff-related cost increases the retail giant cannot absorb.) Ken Griffin worries that tariffs will have a lasting impact on American productivity, a key metric that fuels inflation-adjusted economic growth, as removing competition eliminates the need to innovate. (Source: Citadel's Griffin worries tariffs will have a lasting impact on American productivity, a key metric that fuels inflation-adjusted economic growth.) According to
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GM
News
- US alleges car parts factory in Mexico violates North America trade pact [Yahoo! Finance]Yahoo! Finance
- Formula 1 In Renewed Talks To Bring General Motors-Backed Team To Grid In 2026 [Forbes]Forbes
- What to know about Pam Bondi, Trump's new pick for attorney general [Los Angeles Times (CA)]Los Angeles Times
- Who is Pam Bondi? Trump's new AG pick and former impeachment trial lawyer [Fortune]Fortune
- Trump tariffs risk turning American businesses into corporate welfare recipients, warns Citadel's Ken Griffin [Fortune]Fortune
GM
Earnings
- 10/22/24 - Beat
GM
Sec Filings
- 11/20/24 - Form 4
- 11/18/24 - Form 144
- 11/12/24 - Form 4
- GM's page on the SEC website