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GM Profit Falls

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.

Bloomberg on MSN · 19h

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.

NBC News · 10h

GM reports hit to profits due to tariffs

As the August 1st tariff deadline approaches, President Trump said on social media that the U.S. and the Philippines have reached a trade deal. It comes as the impact of tariffs already in place are becoming more clear as automakers report quarterly earnings.

Wall Street, GM and tariffs

The Associated Press on MSN · 5h

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.

LA Times on MSN · 12h

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

Wall Street inched to another record after some mixed profit reports, as General Motors and other big U.S. companies gave updates on how much President Trump's tariffs are hurting or helping them

Reuters · 19h

Wall Street mixed as markets balance trade talks against tariffs' impact on results

Wall Street struggled for direction on Tuesday as investors weighed signs of progress in U.S. trade talks and perused a spate of second-quarter company earnings, some of which showed a hit from President Donald Trump's tariff policies.

14hon 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 ...

11h

Tariffs Poke Their Heads Up With $1.1 Billion Profit Impact For GM

The impacts will be felt more broadly in many industries, and the question is when the choice becomes to preserve profits by ...

22h

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.

13hon MSN

GM Profit Shrinks After $1.1 Billion Tariff Hit

General Motors’ net income shrank 35% in the second quarter despite strong sales gains.

22hon MSN

GM's Earnings Top Estimates, But Automaker Warns of Larger Tariff Hit in Second Half

General Motors on Tuesday posted second-quarter results above analysts' estimates, but said it expects a bigger hit from ...

13hon MSN

GM profit hurt by over $1B in tariffs — and shares tumble as impact expected to worsen

Analysts said GM may need to cut investment in future projects or find other ways to trim spending to offset the effect of tariffs.

MotorTrend on MSN17h

How Is GM Doing With Tariffs, EV Uncertainty? The Going's Tough, But It Has a Plan

Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...

14hon MSN

GM’s Earnings Are a Warning Sign as August Tariff Deadline Looms

General Motors has delivered a warning to corporate America, publishing second-quarter earnings that included a shocking ...

1don MSN

GM reports $1.1 billion tariff impact as automaker works to 'greatly reduce' exposure

General Motors reported second-quarter earnings that beat Wall Street’s estimates, despite ongoing uncertainty from President ...

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