March 22, 2018


One Voice Washington Office:
444 North Capitol Street NW
Suite 605
Washington, DC 20001
Paul Nathanson
2001 M Street NW
Suite 900
Washington, DC 20036

Post Your Open Skilled Jobs for 60,000+ Unemployed National Guard Citizen-Soldiers

Detroit News: Ford, GM shares drop as Commerce endorses metal tariffs

February 16, 2018



Shares of automakers Ford Motor Co. and General Motors Co. declined Friday after the U.S. Commerce Department recommended stiff tariffs for imported steel and aluminum that could increase the cost of building cars.

Commerce Secretary Wilbur Ross recommended a 24 percent global tariff on steel imports and 7.7 percent tariff on imported aluminum. President Donald Trump is expected to make a decision on the recommendations from Ross by April.

Ford stock closed down 1.4 percent by the close of trading Friday on the New York Stock Exchange, and GM fell 1.8 percent. Fiat Chrysler Automobiles stock was unchanged for the day.

To read more, click here.