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GM, Trump and tariff

Reuters on MSN · 2d

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.

Bloomberg on MSN · 3d

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

General Motors Co. said it suffered a $1.1 billion profit hit from Donald Trump’s tariffs and revealed no plan for a near-term fix to return to pre-tariff profit levels.

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.

Japan, Trump and Ford Motor Company

Barron's on MSN · 1d

GM and Ford Get a Raw Deal in Trump’s Trade Pact With Japan

The tariff on imported Japanese cars has been cut to 15%, down from 25%, in a deal announced by President Donald Trump.

Soy Nómada on MSN · 22h

GM, Ford, and Stellantis Challenge Trump's 15% Tariff on Japanese Auto Industry

The recent trade agreement between the Trump administration and Japan, imposing a 15% tariff on most Japanese imports, has sparked significant opposition from major U.S. automakers. Industry leaders argue this move grants an 'unfair advantage' to Japanese car manufacturers,

POLITICO on MSN · 1d

Trump's 'massive' deal with Japan is giving US automakers heartburn

The preliminary agreement suggests there is a path forward to lowering the auto duties on other major trading partners, as well.

2don MSN

GM profit hurt by over $1B in tariffs — and shares tumble as impact expected to worsen

GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.

The New Voice of Ukraine on MSN1d

Trump tariffs cost GM $1.1B in Q2, company eyes supply chain overhaul

Despite the setback, GM’s leadership remains optimistic, forecasting continued growth, particularly in the electric vehicle ...

2d

Trump tariffs take $1 bln 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 ...

2don 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 ...

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