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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 ...
GM Profit Shrinks After $1.1 Billion Tariff Hit
General Motors’ net income shrank 35% in the second quarter despite strong sales gains.
GM’s latest tariff hit: $1.1 billion
Tariffs on imported cars and auto parts cost General Motors $1.1 billion in the second quarter, the nation’s largest ...
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GM Just Lost More Than A Billion Dollars—Here's Why
The Detroit giant reported a $1.1 billion year-over-year drop in quarterly revenue.But while the numbers are grim, GM is ...
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.
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U.S. companies are mostly absorbing the cost of tariffs
Many U.S. companies, including GM, Walmart, and Home Depot, are currently absorbing tariff costs, sacrificing profits to ...
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How Is GM Doing With Tariffs, EV Uncertainty? The Going's Tough, But It Has a Plan
Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...
GM reports hit to profits due to tariffs
As the August 1st tariff deadline approaches, President Trump said on social media that the U.S. and the Philippines have ...
US stocks hang around their records 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.
Trump Just Hammered US Cars With Tariffs - Toyota Says Thanks
Toyota's stock surged 8% after the Trump administration's new tariff policy was announced, putting American automakers like ...