By coinnews 
00:00 Speaker A
Welcome back to Market Domination sponsored by Tasty Trade. We’re checking in on shares of the automakers as President Donald Trump’s tariffs on foreign-made auto parts began on May 3rd with automakers receiving some concessions from the administration but still feeling the heat on others. Trump signed an executive order, remember, formalizing the new rules late last week which gave some carve-outs to what would have been blanket 25% tariffs on imported auto parts. Everything from foreign-made power train components to seats and airbags is affected. Ford set to report earnings after the closing bell today, Julie. So we’ll see what they have to say, forecast guidance. Uh, Ford CEO Jim Farley has been out there as a critic of Trump’s tariff policies, but as our, our colleague Pras Subramanian points out, he’s been recently offering a more conciliatory tone. So we’ll see what we see today after the close.
01:23 Speaker B
Yeah, the shares, by the way, are up about 2% year to date, but um, Farley’s also talked about giving more details on the specific costs tied to the tariffs. Um, so we’ll see what kind of clarity we get from the earning statement and from the call today on that front.
01:56 Speaker A
I remember GM last year put a bogey on that. It would take a four to five billion dollar tariff hit. So we’ll see what Ford is willing to share.
02:11 Speaker B
Yes.