GM thanks Trump for the $5 billion tariff hit it expects to take

The Verge
By Andrew J. HawkinsMay 1, 2025, 10:10 am197 pts
General Motors CEO Mary Barra kicked off her Q1 letter to shareholders by thanking “President Trump for his support of the U.S. automotive industry.” Several paragraphs later, things take a turn, with Barra projecting an impact of $4 billion to $5 billion as a result of Trump’s ever-changing tariffs.…

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