General Motors says it expects up to $5 billion Trump tariff impact this year

America’s largest automaker, General Motors (GM) says tariffs on imported cars imposed by the Trump administration will this year cost the company between $4 billion and $5 billion. CEO Mary Barra told CNN in an interview that the company has downsized its earnings guidance as the tariffs will eat into its profitability. This comes as […] source: https://www.cryptopolitan.com/general-motors-expects-5bn-tariff-impact/