Economy
GM Revises Outlook in the Face of Up to $5 Billion Tariff Bill in 2025
Introduction General Motors (GM), the largest U.S. automaker, is bracing for a potential $5 billion hit from tariffs in 2025, prompting the company to slash its profit outlook and suspend share buybacks. The tariff exposure-driven by President Trump’s sweeping 25% duties on imported vehicles and auto parts-has forced