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GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
General Motors reported a 35% decline in second-quarter profit, reaching $1.89 billion, but exceeded Wall Street expectations ...
Shares of General Motors Co. (NYSE:GM) fell 4.1% Tuesday after the company posted better-than-expected second-quarter ...
General Motors (GM) had a strong quarter for electric vehicle sales despite experiencing a profit drop due to rising tariff ...
General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, ...
General Motors reported a 32% drop in second-quarter core profit due to heavy tariff impacts, losing $1.1 billion in the ...
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
What Happened? Shares of automotive manufacturer General Motors (NYSE:GM) fell 7.3% in the morning session after the company ...
GM stock took a sharp 6% fall after the company revealed Trumps new auto tariffs cost them $1.1 billion in just one quarter.
GM is anticipating that the total impact of the tariffs in 2025 will be approximately $4 billion to $5 billion ...
General Motors reported a 32 % decline in second-quarter core profit, citing a $1.1 billion hit from U.S. tariffs implemented ...