October 27, 2021

GM stock falls as Trump tariffs bite into 2018 profit forecast

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From Newsmax General Motors Co. on Wednesday lowered its full-year 2018 earnings forecast, citing higher steel and aluminum costs as a result of tariffs imposed by U.S. President Donald Trump’s administration, sending its shares down more than 5 percent in pre-market trading. The No. 1 U.S. automaker said it would be able to partially offset […]