GM Took a $1.1 Billion Hit in Profits Thanks to Tariffs
General Motors on Tuesday released its financial results for the second quarter of 2025, revealing a $1.1-billion drop in revenue year-over-year. The drop was blamed squarely on tariffs, with the company expecting even more revenue shortfalls as the year goes on. Executives like CEO Mary Barra and CFO Paul Jacobson still seemed to be in … Read more