AutoJosh
General Motors (GM), the American automaker that owns brands such as Chevrolet, Buick, Cadillac, and GMC, posted a sharply lower profit in the past quarter due to costs related to President Donald Trump’s import duties. GM has factories in Mexico and Canada, and those countries were hit with tariffs on the export of cars and [……
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GM Records Low Profits Due To US Import Duties
General Motors (GM), the American automaker that owns brands such as Chevrolet, Buick, Cadillac, and GMC, posted a sharply lower profit in the past quarter due to costs related to President Donald Trump’s import duties. GM has factories in Mexico and Canada, and those countries were hit with tariffs on the export of cars and