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GM, Trump and tariff

Reuters on MSN · 3d

Trump tariffs take $1-billion bite out of GM earnings, shares fall

General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst expectations for the period on Tuesday, supported by strong sales of its core gasoline trucks and SUVs.

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. Laila Maidan, a reporter for MarketWatch, joins with more details.

The Globe and Mail · 3d

GM’s second-quarter profit tumbles on $1.1-billion cost from Trump’s tariffs

For the three months ending on June 30, GM’s profit fell to US$1.9-billion, or US$2.55 a share, from US$2.9-billion (US$3.06) from the same quarter a year earlier. The results topped analyst expectations.

1don MSN

Ford, GM and Jeep stunned as loophole in Trump's latest tariff deal hands huge win to foreign rivals

President Donald Trump just signed what he calls the 'largest trade deal in history.' But America's carmakers hate it.

Car Expert Australia on MSN2d

GM blames Trump's tariffs for billion-dollar loss, warns larger losses on the way

GM says tariffs cost it A$1.68 billion in the last three months to push the automaker into the red – and there are more ...

3d

U.S. stocks hang around their records as GM and others show how tariffs are impacting them

Wall Street is hanging near its records on Tuesday following some mixed profit reports, as General Motors and other big U.S.

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