GM: Tariffs could cut $5B from profits

» GM: Tariffs could cut $5B from profits




American automaker General Motors (GM) said Thursday that President Trump’s tariffs could cut as much as $5 billion from its profits this year. In a letter to investors, GM CEO and Chair Mary Barra said her company has “had continual discussions with the President and his team since before the inauguration.” “They have invested the…



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *