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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’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 ...
Trump tariffs take a $1 billion bite out of GM earnings
General Motors' second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront ...
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 ...
GM profit shrinks despite stronger sales
Automaker General Motors posted a 12% sales gain through the first half of year while working to mitigate the effects of ...
US Companies, Consumers Are Paying for Trump's Tariffs, Not Foreign Firms
Who’s paying for Donald Trump’s tariffs? So far, American businesses and consumers. General Motors Co. was the latest US ...
Trump says U.S. has a deal with Japan to lower proposed tariffs
The agreement will impose tariffs of 15 percent on Japanese goods, down from a threatened 25 percent. Trump said Japan would ...
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Trump tariff deadline set for Aug.1. What we know
President Donald Trump set a tariff deadline for Aug. 1. The tariffs would impact multiple countries including Mexico and Canada. Taxes levied on goods imported to the U.S. are projected to raise the ...