Ouch. #Trump #tariffs take a $1 billion bite out of #GM earnings
#GeneralMotors' second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront challenging #tariff policies, which it said sapped $1.1 billion from the results.
#economy #inflation #recession
https://www.reuters.com/business/autos-transportation/trump-tariffs-take-1-billion-bite-out-gm-earnings-2025-07-22/