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GM, Trump and tariff

Bloomberg on MSN · 2d

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

General Motors Co.’s second-quarter profit fell as President Donald Trump’s tariffs on foreign-made vehicles and parts chopped $1.1 billion from adjusted earnings.

MSNBC on MSN · 1d

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.

Reuters on MSN · 2d

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 15 tariff

CNBC on MSN · 9h

Trump Commerce Sec. Lutnick says U.S. auto CEOs are ‘cool with' higher tariffs than Japan

The head of the American Automotive Policy Council, which represents General Motors, Ford and Stellantis, raised concerns about Trump’s Japan deal.

The Washington Post on MSN · 1d

Do Japanese auto imports get a tariff edge with trade deal?

I do think the 15% tariff on vehicles imported from Japan is unfair for American automakers especially if the latter are paying a 25% tariff on their Mexican and Canadian production exported to the US,

USA TODAY on MSN · 1d

President Trump announces 'massive' Japan trade deal with 15% tariff

Trump said the U.S. will impose a 15% tariff on Japanese imports under the agreement, which he hailed as "maybe the largest deal in history."

2d

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.

1d

Wall Street ticks up to another record as GM and others show how tariffs are impacting them

General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.

2don MSN

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 ...

The Press Democrat2d

US stocks hang around their records as GM and others show how tariffs are impacting them

Wall Street is hanging near its records following some mixed profit reports, as General Motors and other big U.S. companies ...

2d

Will Trump’s Tariffs Spoil Earnings Season?

General Motors is the latest company to record a hit from the president’s trade war. But so far, investors remain upbeat.

2don 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 ...

2don 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 ...

2don MSN

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 ...

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