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Today’s Forbes Daily covers a new trade deal with Japan, Coca-Cola's sweet change, what happened to Epstein's properties, AI ...
General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.
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 ...
GM’s stock dropped more than 7% after carmaker reported$1.1 billion in tariff costs in the second quarter, despite mitigation ...
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
General Motors Company slumped in Tuesday’s premarket session after reporting a sharp drop in adjusted EBIT margins to 6.4% ...
General Motors’ net income shrank 35% in the second quarter despite strong sales gains.
At the start of Q2 earnings season, investors looked for tariff-related impacts on profits. Major U.S. financial firms reported only limited effects—especially compared to the auto industry. ...
Learn more about how automakers are faring in the Trump tariff economy, including how much General Motors lost in operating ...
General Motors reported Tuesday that second-quarter profits tumbled by more than a third due to tariffs as it confirmed its ...
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
Many U.S. companies, including GM, Walmart, and Home Depot, are currently absorbing tariff costs, sacrificing profits to ...