General Motors CEO Mary Barra thanks Trump for his support while warning of $5 billion impacts from tariffs. Despite this, GM solidifies its position as a leading EV seller in the US with optimistic projections.
General Motors reveals that the Trump administration's tariffs will cost it $4-$5 billion this year, prompting a drastic cut in earnings projections. The auto giant's CEO, Mary Barra, warns of broader economic implications as tariffs loom over the industry.
