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flag General Motors reports a $1 billion profit drop linked to Trump's tariffs on vehicles and parts.

flag General Motors reported a $1 billion drop in second-quarter profits, partly due to President Trump's tariffs on foreign-made vehicles and car parts. flag The 25% tariffs remain in place, with additional country-specific tariffs starting August 1st. flag Automakers have absorbed these costs so far, but analysts predict this will not continue indefinitely, suggesting that consumers may soon face higher prices.

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