General Motors slashes profit outlook, citing Trump’s tariffs
semafor.com/article/05/01/2025/general-motors-slashes-profit-outlook-citing-trumps-tariffs
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US car company General Motors cut its profit outlook for the year by as much as $5 billion, revealing one of the biggest financial hits of any company so far from US President Donald Trump’s trade war, Bloomberg reported.
The car maker now expects its earnings to be in the range…
This story appeared on semafor.com, 2025-05-01 14:26:19.