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GM, Trump and tariffs

GM profits take $1.1 billion hit in wake of Trump tariffs

General Motors' latest earnings report showed that President Trump's new tariffs on imported cars may have impacted the company's profits. Laila Maidan, a reporter for MarketWatch, joins with more details.

Bloomberg · 3d

GM Profit Falls as Trump Tariffs Add $1.1 Billion in Costs

General Motors Co. said it suffered a $1.1 billion profit hit from Donald Trump’s tariffs and revealed no plan for a near-term fix to return to pre-tariff profit levels.

Reuters on MSN · 3d

Trump tariffs take $1-billion bite out of GM earnings, shares fall

General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst expectations for the period on Tuesday, supported by strong sales of its core gasoline trucks and SUVs.

Japan, Trump and Ford

Barron's on MSN · 2d

GM and Ford Get a Raw Deal in Trump’s Trade Pact With Japan

The tariff on imported Japanese cars has been cut to 15%, down from 25%, in a deal announced by President Donald Trump.

Soy Nómada on MSN · 1d

GM, Ford, and Stellantis Challenge Trump's 15% Tariff on Japanese Auto Industry

The recent trade agreement between the Trump administration and Japan, imposing a 15% tariff on most Japanese imports, has sparked significant opposition from major U.S. automakers. Industry leaders argue this move grants an 'unfair advantage' to Japanese car manufacturers,

US automakers say Trump's 15% tariff deal with Japan puts them at a disadvantage

U.S. automakers worry that President Donald Trump’s agreement to tariff Japanese vehicles at 15% would put them at a competitive disadvantage, saying they will face steeper import taxes on steel, aluminum and parts than their competitors,

7hon MSN

Trump’s Tariffs Are Crushing VW’s Bottom Line Harder Than GM’s

Volkswagen has reported their second quarter results and they reveal the company is being hammered by Trump’s tariffs.

3don 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 ...

3don MSN

GM quarterly profit slumps 35%, but it sticks by full year outlook that was lowered in May

General Motors’ profit and revenue declined in its second-quarter but the automaker’s results managed to easily top Wall ...

The New Voice of Ukraine on MSN2d

Trump tariffs cost GM $1.1B in Q2, company eyes supply chain overhaul

Despite the setback, GM’s leadership remains optimistic, forecasting continued growth, particularly in the electric vehicle ...

3don MSN

Trump tariffs take a $1 billion bite out of GM earnings; shares fall

General Motors' second-quarter earnings took a $1.1 billion hit from tariffs, but the automaker still beat analyst ...

FOX 2 Detroit on MSN5d

FASTLANE: GM moving production to Michigan, Tesla facing trial over autopilot and more

Dave Spencer hosts the FOX 2 Fastlane. Stories this week include GM moving more production to the Orion Assembly plant, a new ...

2don MSN

GM reports massive profit loss due to Trump's destructive tariff war

The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported losses this week.

3don MSN

GM Stock Falls After $1.1 Billion Hit From Tariffs

GM reports a second-quarter operating profit of $3 billion and earnings per share of $2.53 from sales of $47.1 billion.

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