GM stock tanks 7% after tariffs slash quarterly profits by a third

Tariff pain set to deepen in current quarter.

Fox: General Motors shares T-boned by tariffs. The stock is diving 7% after the auto giant reported a 32% slump in quarterly profits due to a $1.1 billion hit from the tariffs, which GM says will worsen in the current quarter pic.twitter.com/Z4Z9THyxmR

— FactPost (@factpostnews) July 22, 2025

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