General Motors plans to invest $4 billion in three American assembly plants, including moving or increasing production of two Mexican-produced vehicles to U.S. plants. The Detroit automaker announced the plans last week, as there have been few indications of progress in trade talks between the Trump administration and Mexican leaders.
Earlier this year, President Donald Trump implemented 25% tariffs on imported vehicles and 25% tariffs on many auto parts imported into the U.S. Read more from CNBC.
