General Motors Earnings Slip 31.6% In Q2 Due To Trump Tariffs

General Motors  reported second-quarter earnings Tuesday that beat Wall Street’s estimates and affirmed its full-year guidance, despite ongoing uncertainty from President Donald Trump’s auto tariffs.

 

Shares of the company fell about 3% in premarket trading.

 

While automakers have been hoping for relief on tariffs, Trump’s 25% levies on imported vehicles and many auto parts remain in effect.