Part of the story Trump's second-term tariffs, from 'Liberation Day' to the trade deals Coverage dated July 21, 2025
General Motors Earnings Drop $1.1 Billion Because Of Tariffs, Company Says Headline from Forbes
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
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Al Jazeera
General Motors reports a 35% profit drop as tariffs weigh on car industry ↗ (opens Al Jazeera) Published Jul 21, 2025
Al Jazeera's feed description GM’s quarterly profit tumble comes a day after Stellantis says it expects $2.7bn loss in first six months of the year.
MyNorthwest
General Motors profit and revenue drops, but it maintains lowered full year outlook ↗ (opens MyNorthwest) Published Jul 21, 2025
MyNorthwest's feed description General Motors’ profit and revenue declined in its second-quarter but the automaker easily topped expectations and the company stuck by its full-year
Forbes
General Motors Earnings Drop $1.1 Billion Because Of Tariffs, Company Says ↗ (opens Forbes) Published Jul 21, 2025
Forbes's feed description The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
ABC 12 Flint
General Motors profit and revenue drops, keeps lower outlook ↗ (opens ABC 12 Flint) Published Jul 21, 2025
ABC 12 Flint's feed description For the three months ended June 30, GM earned $1.89 billion, or $1.91 per share. A year earlier the company earned $2.93 billion, or $2.55 per share.
New York Post
GM profit hurt by over $1B in tariffs — and shares tumble as impact expected to worsen ↗ (opens New York Post) Published Jul 21, 2025
New York Post's feed description General Motors' second-quarter earnings took a $1.1 billion hit from tariffs, but the automaker still beat analyst expectations for the period, supported by strong sales of its core gasoline trucks and SUVs.
Digital Journal
General Motors profits fall on tariffs ↗ (opens Digital Journal) Published Jul 21, 2025
Digital Journal's feed description General Motors reported Tuesday that second-quarter profits tumbled by more than a third due to tariffs as it confirmed its full-year forecast.GM's
FOX Business
GM profit shrinks despite stronger sales ↗ (opens FOX Business) Published Jul 21, 2025
FOX Business's feed description General Motors reported a 35% drop in net income in the second quarter as President Trump's tariffs weighed on the automaker, despite strong sales and exceeding Wall Street estimates.
WFMZ Allentown
GM quarterly profit slumps 35%, but it sticks by full year outlook that was lowered in May ↗ (opens WFMZ Allentown) Published Jul 21, 2025
WFMZ Allentown's feed description General Motors’ profit declined 35% in its second-quarter but the automaker easily topped expectations and stuck by its full-year financial outlook that it lowered in May.