G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll

Why did Amazon face White House backlash over tariffs? How will auto tariff relief affect US carmakers? Why is UPS cutting thousands of jobs this year? What caused the major power outage in Spain and Portugal? How did Trump tariffs impact US retail prices? Why did General Motors pull its earnings forecast? What explains Royal Caribbean's recent profit surge? How is China responding to US trade tariffs? Why did Spotify's stock drop after earnings?

G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll

nytimes.com/2025/04/29/business/general-motors-profit-trump-tariffs.html

The General Motors plant in Spring Hill, Tenn. The automaker previously forecast a profit of $11.2 billion to $12.5 billion for 2025, roughly double last year’s.

This story appeared on nytimes.com, 2025-04-29 10:30:04.