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AFV GLOBAL @afvglobal on x XXX followers
Created: 2025-07-22 11:15:00 UTC
π Trump Tariffs Take $1B Bite Out of GM Earnings π₯
β π $GM Q2 profit fell XX% to $3B, with $1.1B lost to tariffs under Trumpβs trade policies β π΅ Revenue dipped nearly X% YoY to $47B; EPS dropped from $XXXX to $2.53, still beating estimates β π¨ GM warns tariff hit could grow to $4β5B in 2024; plans to mitigate ~30% of the impact β π Guidance reaffirmed: $10Bβ$12.5B annual adjusted profit β πΊπΈ US sales rose 7%, with strong pricing on pickups & SUVs β π¨π³ GM returned to profit in China, reversing last yearβs loss β π GM stock fell ~4% premarket on the news #GM #Earnings #Tariffs #TrumpTrade #Autos #China #PickupTrucks #SUVs #USMCA #TradeWar πΈππ
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