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General Motors Earnings Drop $1.1 Billion Because Of Tariffs, Company Says
Topline
General Motors posted a $3 billion second-quarter profit—down $1.1 billion primarily because of tariffs imposed by the Trump administration, the company said in its earnings call on Tuesday, a day after Stellantis (Jeep, Fiat, Chrysler) blamed steep losses on tariffs.
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter … More
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This is a breaking story and will be updated.
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