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In a major breakthrough ahead of a looming tariff deadline, US President Donald Trump announced a trade pact with Japan that ...
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
Companies are rerouting supply chains, sharing costs with suppliers, and, yes, raising their prices.
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
People overseas have so far paid very little for tariffs, with Americans bearing the brunt of the cost, per Deutsche Bank.
Management stated guidance remains at EBIT adjusted in the $10 billion to $12.5 billion range, EPS diluted adjusted in the $8.25 to $10 per share range, and adjusted automotive free cash flow in the ...
Analysts at Citi and at Deutsche Bank have looked into who is paying for the tariffs imposed by the Trump administration this ...
The company raised its full-year adjusted EPS guidance to $7.10–$7.50 per share and projects third quarter adjusted EBITDA in the range of $1.95–$2.05 per share. Clothier stated, "Our estimate for ...
General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, ...
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Stocktwits on MSNGM’s Mary Barra Highlights Efforts To Mitigate Tariff Impact After Q2 Earnings Take Hit: Retail Sees Levies Impact Consumer SpendingCEO Mary Barra on Tuesday reiterated the company’s efforts to mitigate tariff impact in the future after the company reported a $1.1 billion net impact from the levies in the second quarter. GM stock ...
Trade, production, growth and other global economic vitals are proving resilient almost four months after President Trump’s ...
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