US Edition
News from Tech.co
Top Tech.co News
Donald Trump · United StatesBy Chris Isidore, CNN (CNN) — Tariffs on imported cars and auto parts cost General Motors $1.1 billion in the second quarter, the nation’s largest automaker said Tuesday. That hit to its bottom line was largely responsible for a 21% drop in net income for the period. The company said it expects tariffs to cost it between $4 billion to $5 billion by year’s end. The auto industry has been greatly disrupted by President Donald Trump’s tariffs – mor…See the Story
GM’s Latest Tariff Hit: $1.1 Billion
40% Center coverage: 63 sources
