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GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions

General Motors now expects to earn a lot less than it did before President Trump imposed 25% tariffs on imported cars and auto parts.

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May 1, 2025 - 23:00
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GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors now expects to earn a lot less than it did before President Trump imposed 25% tariffs on imported cars and auto parts.
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