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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.

GM warns of more tariff impacts as earnings slip

GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.

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, ...
Business Journal Daily10d

GM Takes $1B Profit Hit from Tariffs in Second Quarter

GM reported its profit was $1.9 billion for the three months ended June 30, compared with $2.93 billion during the same ...

Donald Trump's 25% tariff: India expects minimal impact; indicates agriculture, dairy, GM food no-go areas in trade deal talks

The US imposition of 25% tariffs is expected to have minimal impact on India, with over half of Indian exports remaining ...

What Caused GM's Dramatic 35% Drop in Net Income?

The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
CFO Dive9d

GM CFO looks to strategic pricing, costs to blunt $1.1B tariff impact

Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.

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 ...

Imposition of 25% US duty not to impact India much; agri, dairy, GM food no go area in trade pact

The recent imposition of a 25% U.S. tariff is expected to have limited impact on India, as many Indian exports like ...
Newspoint on MSN13h

Imposition of 25 pc US duty not to impact India much; agri, dairy, GM food no go area in trade pact

The imposition of a 25 per cent US tariff will not have much impact on India's USD 85 billion worth of exports to America, ...

Trump just revealed his new tariff plan. Here’s what you need to know

President Donald Trump just set new tariffs for every country around the world, solidifying his extreme break with America’s ...