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GM, Trump and tariff

Reuters on MSN · 4d

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.

The Globe and Mail · 4d

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

General Motors Co. GM-N says U.S. tariffs cost it US$1.1-billion in the second quarter, reducing profit by 35 per cent, and warns the financial impact of U.S. President Donald Trump ’s trade policies is set to rise.

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.

2don 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.

CarExpert on MSN3d

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 ...

4don MSN

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

General Motors' second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront ...

4d

Trump tariffs take a US$1 billion bite out of GM earnings; shares fall

The largest US carmaker anticipates worsening tariff impacts in the third quarter, with trade headwinds potentially costing ...

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