Tariffs cost GM $1.1 billion

02 MIN 30 SEC
REFORMA Group
Monterrey, Mexico (July 23, 2025) - 5:00 a.m.



Credit: AP


Credit: Special
General Motors reported yesterday that its net income fell 35.4% annually to $1.895 billion during the second quarter of 2025, primarily due to President Trump's tariffs, which reduced its bottom line by about $1.1 billion during that period.
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