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Trump tariffs cost GM $1.1B in second quarter, could hit $5B in costs this year
Tariffs instituted by President Donald Trump have cost Detroit-based General Motors an estimated $1.1 billion in the second quarter of 2025, the automaker said Tuesday. GM says the costs largely contributed to a 21% drop in net income during the quarter, according to CNN.
General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...
General Motors valuation remains attractive at 5.0X P/E forward earnings, with solid EV momentum and upside if tariffs ease. Learn more on GM stock here.
Blunt said in an interview the U.S. companies and workers “definitely are at a disadvantage” because they face a 50% tariff ...
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
GM is anticipating that the total impact of the tariffs in 2025 will be approximately $4 billion to $5 billion ...
General Motors is the latest U.S. auto giant to say tariffs have taken a chunk from their earnings. The company beat earnings ...
General Motors said it expects the tariff impact to worsen in the third quarter, with a $4 to $5 billion hit to its bottom ...
General Motors has delivered a warning to corporate America, publishing second-quarter earnings that included a shocking ...
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