GM’s second-quarter profit tumbles on $1.1-billion cost from Trump’s tariffs

theglobeandmail.com/business/article-gms-second-quarter-profit-tumbles-on-11-billion-cost-from-trumps

General Motors Co. GM-N says U.S. tariffs cost it US$1.1-billion in the second quarter, reducing profit by 35 per cent, and warns the financial impact of President Donald Trump’s trade policies is set to rise.
The Detroit-based automaker previously said the tariffs will cost as much as…

This story appeared on theglobeandmail.com, 2025-07-22 15:57:08.
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