Watch CBS News

GM profits take $1.1 billion hit in wake of Trump tariffs

Name: GM profits take $1.1 billion hit in wake of Trump tariffs
Uploaded: 2025-07-23T07:50:00-0400
Duration: 3 min 22 s
Description: General Motors' latest earnings report showed that President Trump's new tariffs on imported cars may have impacted the company's profits. Laila Maidan, a reporter for MarketWatch, joins with more details.

General Motors' latest earnings report showed that President Trump's new tariffs on imported cars may have impacted the company's profits. Laila Maidan, a reporter for MarketWatch, joins with more details.