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General Motors and Stellantis, two pillars of the U.S. automotive industry, are grappling with escalating costs and shrinking ...
3h
Cyprus Mail on MSNTariffs slash GM profits, but strong truck and SUV sales cushion the blowGeneral Motors’ (GM.N) second-quarter earnings took a $1.1 billion hit from tariffs, but the automaker still beat analyst expectations for the period, supported by strong sales of its core gasoline ...
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Daily Voice on MSNGM Suffers $1.1B Hit Because Of Trump's TariffsGeneral Motors had a $1 billion hit over three months due to President Donald Trump's sweeping tariffs that have shaken the ...
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Soy Nómada on MSNGM, Ford, and Stellantis Challenge Trump's 15% Tariff on Japanese Auto IndustryThe recent trade agreement between the Trump administration and Japan, imposing a 15% tariff on most Japanese imports, has ...
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported losses this week.
President Trump has announced new tariffs that include a 25-percent tax on goods imported from Japan and South Korea, separate from sector-specific tariffs.
General Motors (GM) & Ford (F) stocks drop after U.S.-Canada trade talks halted. Learn how tariffs & supply chain risks impact automakers' profits.
LONDON/DETROIT (Reuters) -U.S. President Donald Trump's threat of a 50% tariff on copper imports is raising alarm in the U.S. auto sector, as it could make it even harder for carmakers and ...
GM is the latest automaker to shuffle its manufacturing strategy as a result of President Trump’s tariffs on car imports. The auto giant says it’s investing $4 billion into manufacturing ...
Trump was replying to questions at a presser after meeting Canadian Prime Minister Mark Carney at the G7 summit in Kananaskis, Alberta, on Monday, when he said, “I’m a tariff person.
Economists warned that a barrage of new U.S. tariffs could trigger a renewed bout of inflation. So why aren't prices surging?
Why did Trump propose new tariffs on Canada? Trump offered up two reasons for the fresh round of tariffs, which align with grievances voiced by Trump in previous trade announcements targeting Canada.
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