gm trump tariffs - Search News

Order byBest matchMost fresh

donald trump, GM

GM profits take $1.1 billion hit in wake of Trump tariffs

General Motors' latest earnings report showed that President Trump's new tariffs on imported cars may have impacted the company's profits.

mlive · 49m

Trump tariffs cost GM $1.1B in second quarter, could hit $5B in costs this year

· 1d · on MSN

GM Profit Falls as Trump Tariffs Add $1.1 Billion in Costs

· 7h

Backseat driver throws GM into lower gear

General Motors on Tuesday blamed President Donald Trump’s tariffs for a $1.1 billion increase in quarterly expenses, triggering a 7% loss of market value.

· 1d

General Motors takes $1.1 billion tariff hit, dinging profit and sending stock reeling

· 23h

GM Profit Shrinks After $1.1 Billion Tariff Hit

· 1d

Trump tariffs take a $1 billion bite out of GM earnings

Beyond tariffs, GM’s underlying business in the quarter was solid.

· 1d

General Motors profit and revenue drops, but it maintains lowered full year outlook

· 1d

General Motors Company (GM) Q2 2025 Earnings Call Transcript

Tariffs hit U.S. companies hard, but businesses absorb them for now

Automakers might increase prices moving forward, according to a report from the intelligence firm AlixPartners.

1don MSN

GM says Trump tariffs cost automaker $1B

General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, contributing to an overall decline of 35 percent in profit. But the company

17h

Wall Street ticks up to another record as GM and others show how tariffs are impacting them

General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.

23h

GM Weathers Trump Tariffs While Relying on Korean Production

It took a $1.1 billion tariff hit in the last quarter, which is on target with expectations. GM sales in China are ticking upward.

1hon MSN

US automakers say Trump’s 15% tariff deal with Japan puts them at a disadvantage

Blunt said in an interview the U.S. companies and workers “definitely are at a disadvantage” because they face a 50% tariff on steel and aluminum and a 25% tariff on parts and finished vehicles, with some exceptions for products covered under the United States-Mexico-Canada Agreement that went into effect in 2020.

1don MSN

GM’s $1.1 billion tariff hit bolsters mounting evidence that Americans are the ones footing the bill for Trump’s import taxes

General Motors is the latest U.S. auto giant to say tariffs have taken a chunk from their earnings. The company beat earnings expectations on Tuesday, but reported a decline in second-quarter profits, including a $1.1 billion hit as a result of hefty import taxes.

GM profit shrinks despite stronger sales

Automaker General Motors posted a 12% sales gain through the first half of year while working to mitigate the effects of President Donald Trump's tariffs.