GM Cuts 2025 Outlook, Projects up to $5 bn Hit From Tariffs
This is Beirut, 01/05 15:05 - Reading : 1 minute(s)
Donald Trump United States USA GM Tariffs
General Motors on Thursday lowered its 2025 earnings outlook and said it expects a $4-5 billion hit from US President Donald Trump's tariffs, despite moves this week to dampen the blow. On Tuesday, Trump signed an executive order to limit the impact of multiple overlapping tariffs on automakers. He also released a proclamation that gives the ...
