Trump Tariffs Cost GM $1 Billion in Q2 Profits, Shares Drop πŸ“‰

General Motors' Q2 core profit plunges 32% due to $1.1 billion loss from tariffs enacted under Trump, causing shares to slump. Learn what this means for the automaker's future.

Trump Tariffs Cost GM $1 Billion in Q2 Profits, Shares Drop πŸ“‰
Cheddar News
390 views β€’ Jul 22, 2025
Trump Tariffs Cost GM $1 Billion in Q2 Profits, Shares Drop πŸ“‰

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General Motors reported a 32β€―% decline in second-quarter core profit, citing a $1.1β€―billion hit from U.S. tariffs implemented under former President Trump.

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390

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0:35

Published

Jul 22, 2025

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