GM CEO Mary Barra & NEC Director Kevin Hassett on China Trade 5/1/25

China has acknowledged that the Trump administration has reached out to negotiate tariffs, potentially signalling openness to a deal. CNBC’s Eunice Yoon in Beijing discusses the latest developments, and warns that Chinese people and businesses believe they can weather a trade war storm. On the White House North Lawn, National Economic Council Director Kevin Hassett discusses the state of the U.S.-China trade negotiations along with President Trump’s tariff policy. CNBC’s Phil LeBeau and General Motors chair and CEO Mary Barra discuss the company’s new 2025 guidance, the impact of President Trump’s auto tariffs and bringing auto manufacturing back to the U.S. Plus, Tesla has denied a Wall Street Journal report that its board was searching for a replacement for chief executive Elon Musk.

In this episode:

Kevin Hassett - 18:05

Mary Barra - 34:45

 

In this episode:
Eunice Yoon, @onlyyoontv
Mary Barra, @mtbarra

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Cameron Costa, @CameronCostaNY