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NOVA REAL INVEST @novarealinvest on x 4753 followers
Created: 2025-07-22 14:04:42 UTC
TARRIFF EFFECTS GM Q2 Net Income Drops Over One‑Third After $XXX B Tariff Hit from Trump‑Era Measures
🔹35 % profit decline: GM's adjusted net income fell to $XXX billion in Q2, down from $XXX billion in Q2 2024—largely due to a $XXX billion charge from Trump-era automotive tariffs on vehicles, parts, steel and aluminum 🔹EBIT down from $XXX B to ~$3.0 B: Core operating earnings shrank by about XX %, with the net margin hit tied to the same tariff costs 🔹Full-year outlook maintained: GM reaffirmed its 2025 EBIT guidance of $10–12.5 billion, reflecting earlier tariff adjustments and ongoing efforts to mitigate impacts
XXXXX engagements
Related Topics $30b $44b automotive $11billion $29billion $19billion tariffs $11b