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Nonilex
@Nonilex@masto.ai  ·  activity timestamp 3 months ago

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/

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