general motors tariffs

News

General Motors, Tariffs and GM Profit

Detroit Free Press on MSN · 18h

General Motors' Q2 profits drop $1.1B after taking tariff hit

General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.

Tech.co on MSN · 12h

General Motors Lost $1.1 Billion to Trump Tariffs in Q2 Earnings

Learn more about how automakers are faring in the Trump tariff economy, including how much General Motors lost in operating income.

The Wall Street Journal on MSN · 9h

GM Profit Shrinks After $1.1 Billion Tariff Hit

General Motors said Tuesday that new tariffs on imported cars and auto parts took a $1.1 billion bite out of its bottom line. The company reported net income shrank 35% in the second quarter as President Trump’s automotive tariffs weighed on the company.

GM, Wall Street and tariffs

The Associated Press on MSN · 3h

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.

Chicago Tribune · 16h

US stocks hang around their records following mixed profit reports

Wall Street is hanging around its records following some mixed profit reports, as General Motors and other big U.S. companies give updates on how much President Donald Trump’s tariffs are hurting

LA Times on MSN · 9h

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

Wall Street inched to another record after some mixed profit reports, as General Motors and other big U.S. companies gave updates on how much President Trump's tariffs are hurting or helping them

Trump, tariffs

The Hill on MSN · 15h

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

MarketWatch on MSN · 13h

Here’s who is bearing the cost of Trump’s tariffs so far this year

Analysts at Citi and at Deutsche Bank have looked into who is paying for the tariffs imposed by the Trump administration this year.

Bloomberg on MSN · 12h

Americans Are Paying for Trump’s Tariffs, Not Foreign Companies

Who’s paying for Donald Trump’s tariffs? So far, American businesses and consumers. General Motors Co. was the latest US company to disclose how the levies are raising costs, with the automaker saying Tuesday that the duties dented profits by more than $1 billion as it chose to absorb the blow.

GlobalData on MSN12h

General Motors profit takes a tariffs tumble

General Motors has reported a sharp drop in profits as it took a $1.1bn hit in Q2 due to the impact of trade tariffs. It said ...

6hon MSN

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

General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...

14hon MSN

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

GM’s stock dropped more than 7% after carmaker reported$1.1 billion in tariff costs in the second quarter, despite mitigation ...

8hon 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 ...

1don MSN

General Motors is set to report earnings before the bell. Here's what Wall Street expects

General Motors is set to report its second-quarter earnings before the bell Tuesday. Wall Street analysts expect adjusted ...

2hon MSN

Asian markets gain, with Japan's Nikkei up more than 3%, lifted by deal on Trump's tariffs

Asian shares have rallied, with Tokyo's benchmark Nikkei 225 index up more than 3% after Japan and the U.S. announced a deal ...

Trump’s tariffs hit US companies hard, but businesses absorb them for now - Clone

The Trump administration’s tariffs are hitting companies that do business in the United States. But prices haven’t reflected them yet in many cases.

15h

Stock market today: Nasdaq, S&P 500 slide amid wave of earnings as tariffs bite GM profit

US stocks were mixed as investors prepared for earnings season to pick up steam, with Big Tech earnings ahead.

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