Trump Tariffs Slam GM Profits, Boost Toyota and Foreign Rivals
The U.S. auto industry is reeling from the Trump administration’s 25% tariffs on imported vehicles and parts, with General Motors (GM) taking a massive $1.1 billion hit to its second-quarter earnings in 2025. The tariffs triggered a 35% profit drop, sending GM’s stock price tumbling and raising alarms about the future of American carmakers. Meanwhile, […]





