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Reuters on MSN · 6h

Trump tariffs take $1-billion bite out of GM earnings, shares fall

General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst expectations for the period on Tuesday, supported by strong sales of its core gasoline trucks and SUVs.

Why Trump's tariffs may hit low-income households hardest

President Trump's tariffs are almost "tailor-made" to hit the goods that lower income households prefer to purchase, says economist Ernie Tedeschi of Yale's nonpartisan Budget Lab.

The Wall Street Journal on MSN · 6h

GM Profit Shrinks After $1.1 Billion Tariff Hit

General Motors said Tuesday that new tariffs on imported cars and auto parts took a $1.1 billion bite out of its bottom line. The company reported net income shrank 35% in the second quarter as President Trump’s automotive tariffs weighed on the company.

Trump, tariffs

How companies are responding to Trump’s tariffs

Reuters is tracking how companies are responding to the threat posed by <a href=" target="_blank" rel="noopener noreferrer nofollow">U.S. President Donald Trump’s tariffs to their operations.

The Hill on MSN · 11h

GM says Trump tariffs cost automaker $1B

General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, contributing to an overall decline of 35 percent in profit. But the company

MarketWatch · 10h

Here’s who is bearing the cost of Trump’s tariffs so far this year

Analysts at Citi and at Deutsche Bank have looked into who is paying for the tariffs imposed by the Trump administration this year.

22hon MSN

GM reports $1.1 billion tariff impact as automaker works to 'greatly reduce' exposure

General Motors reported second-quarter earnings that beat Wall Street’s estimates, despite ongoing uncertainty from President ...

CNET on MSN9h

CNET Daily Tariff Price Impact Tracker: I'm Watching 11 Key Products for Inflation

President Donald Trump has punted another major deadline down the road and a new Consumer Price Index summary shows that ...

19hon MSN

Donald Trump tariff impact: Jeep parent company Stellantis sees $2.7 billion loss; revenue dips 12.6%

Stellantis reported a substantial net loss of 2.3 billion euros in the first half of the year, impacted by new US tariffs and ...

14hon MSN

These charts show just how hard Trump’s tariffs are hitting Europe’s auto giants

Trading updates and corporate earnings from some of Europe’s auto giants show the extent to which Trump’s tariffs have ...

14h

Tomato tariffs and public media cuts: How Trump is impacting Arizona six months into term

President Donald Trump returned to the White House six months ago. Here's the latest on how he's influencing Arizona.

MiBolsilloColombia on MSN2d

How Trump's Tariffs Will Eventually Impact Your Wallet

The recent inflation rise to 2.7% in June, driven by consumer prices, signals potential financial strain. As tariffs take ...

8hon MSN

Well-timed or just lucky? Top Trump officials' stock sales clustered before tariff news

Stock sales by top officials clustered before Trump's major tariff announcements, according to a USA TODAY analysis of ...

Public Broadcasting Service (PBS)4h

How Trump’s tariffs on Asian allies impact the U.S. strategy to counter China

President Trump says he reached a trade agreement with the Philippines following a White House visit by its president. The ...

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