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General Motors reports a $1 billion profit drop linked to Trump's tariffs on vehicles and parts.
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.
The 25% tariffs remain in place, with additional country-specific tariffs starting August 1st.
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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General Motors informa una caída de ganancias de $ 1 mil millones vinculada a los aranceles de Trump a vehículos y piezas.