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General Motors says Trump’s tariffs will cost company up to $5B, lowers 2025 profit projections
DETROIT -- The impact of President Donald Trump’s tariffs could cost General Motors up to $5 billion this year. In a letter issued to shareholders Thursday, the Detroit-based automaker lowered its 2025 profit projections to reflect the anticipated impact of the tariffs.
President Trump, celebrating the 100-day mark of his second term with his Cabinet on Wednesday, admitted his tariff policy ...
President Donald Trump falsely claimed Tuesday that he warned during his 2024 campaign that his tariffs would require ...
The levies will weigh on the iPhone maker, despite Trump's decision to spare key electronics from the new import taxes.
The April jobs report may reveal a mixed picture. Some industries have maintained hiring plans despite tariffs while others ...
KEY TAKEAWAYS For much of President Donald Trump's first 100 days, his economic agenda has been focused on tariffs.The prices ...
Senate Republicans have narrowly voted down a Democratic resolution that would have blocked global tariffs announced by ...
Top Chef' judges Kristen Kish, Gail Simmons and Tom Colicchio unpack the surprisingly political 'Destination Canada' season ...
Duties on China surged to 145% just as fireworks companies were getting their final July Fourth shipments from the country, ...
Trump's tariffs may trigger a long-term shift in European consumer habits, as 44% expressed a preference to ditch US products ...
GM executives described various "levers" the carmarker can pull to offset some of the sting of the tariffs, and said the ...
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