Alexandra Svokos

Alexandra Svokos, digital managing editor of Kiplinger and personal finance expert, shares vital insights on the recent tariff deal between the U.S. and the EU. She discusses General Motors' decision to keep prices stable despite tariffs and explores their effects on the automotive industry. The conversation delves into how increased import costs can ripple through various sectors, including beauty products, potentially hitting consumer prices. Svokos emphasizes the importance of stability in trade deals for both businesses and consumers.

Alexandra Svokos, digital managing editor of Kiplinger, dives into the financial ramifications of tariffs on the auto industry. She reveals how General Motors is absorbing a staggering $1.1 billion loss yet choosing not to raise prices. The discussion also touches on the complexities of trade negotiations and their ripple effects on other sectors, like beauty products. Svokos analyzes the new U.S.-EU tariff deal and what it means for future pricing and manufacturing strategies, highlighting the delicate balance in global trade.