President Donald Trump said that his administration’s newly imposed U.S. tariffs are effectively the same as the tariffs the Supreme Court ruled illegal earlier this year. On Tuesday, in an interview with Fox News, Trump said, "It’s a shame that...
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The Michigan governor’s office estimates that the taxes have cost every family in the automaking state an average of $1,000 per year.
Trump stood before autoworkers at a GM proving ground and promised his tariffs had revived American manufacturing, but Michigan employment data from the same period tells a sharply different story about who is actually paying the price.
(Bloomberg) -- President Donald Trump championed his economic agenda, including tariffs and the rolling back of environmental regulations, saying they had revived US auto manufacturing, during a visit to a General Motors Co. facility in the midterm battleground of Michigan.Most Read from BloombergDeepSeek Suspends Fundraising After Viral US-China PostsNvidia’s $750 Billion in Deals Reignite Circular AI FearsS&P 500 Wobbles as AI Angst Offsets Oil Decline: Markets WrapChina Chipmaker CXMT Jumps 4
Barclays senior autos analyst Dan Levy joins Market Domination to discuss General Motors (GM ) latest earnings, what the automaker's results reveal about the broader auto market, and how tariffs could affect vehicle sales and the industry's outlook.
The steel producer’s earnings are expected to more than double in the coming months as steel prices continue to climb and supplies remain tight as a result of tariffs.
General Motors shares are on a heater this week after the automaker reported second-quarter results ahead of expectations and raised its full-year guidance. Despite formidable headwinds, including tariffs and rising gas prices, GM reported a 30% increase in profits year over year. GM's ...
The automaker also cited cost pressures tied to inflation and the manufacturing expenses related to onshoring more production to the U.S. for the decline in Q2 profit.
MEXICO CITY, July 21 (Reuters) - U. and Mexican trade negotiators launched a third round of bilateral talks on Tuesday to try to revise the North American trade agreement, just as President Donald Trump said he would impose new duties on Canada.
General Motors raised its full-year profit forecast by another $500 million after beating second-quarter earnings estimates, powered by stronger margins on its largest vehicles and lower tariff costs. Bloomberg's David Welch joins to discuss.

The Trump administration has imposed a 50% tariff on certain Canadian goods, which includes imports previously protected under the United States-Mexico-Canada Agreement (USMCA). Winthrop Capital CIO Adam Cooné is joined by Yahoo Finance Senior Reporters Brooke DiPalma and Ines Ferre in gauging the muted market reaction to these new trade policies, how the US consumer is faring, and what earnings from General Motors (GM) may indicate about consumer health.

General Motors (GM) raised its 2026 outlook by $500 million, thanks in part to better margins and lower tariffs. Morning Brief host Julie Hyman discusses more with Yahoo Finance Breaking Business News Reporter Jake Conley and Payne Capital Management president Ryan Payne.
General Motors reported better-than-expected second-quarter earnings on Tuesday. For the quarter, GM announced an adjusted operating profit of $3.9 billion from sales of $48 billion. Wall Street was looking for $3.7 billion and $47 billion, respectively.
GM Earnings Are Coming. Tariffs Are Rising. Can Trucks Keep Profits Rolling?
Wall Street is tuning out wars and ignoring geopolitical headlines, and one chief investment strategist thinks he knows exactly why. The answer involves a spending figure that should stop any investor cold.
(Bloomberg) -- The sweeping tariffs underpinning President Donald Trump’s economic policy may have gone from a headwind to a tailwind for the stock market, with the Supreme Court’s decision to unwind them setting the stage for a potential earnings boon for some companies.Most Read from BloombergYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanWhatsApp Opens Username Reservations to 3 Billion UsersTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boos

Tesla's (TSLA) Model 3 and Model Y lead Cars.com's "American-made Index" for the sixth year in a row. Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down the details.
Investing.com -- President Donald Trump expressed approval of Canada's agreement with China that limits Chinese electric vehicle imports through a quota system with reduced tariffs, Canadian Prime Minister Mark Carney said Wednesday at the Group of Seven leaders summit in Evian, France.
Some of the largest companies in Tennessee or with state ties are seeking billions in tariff refunds from the government, but will customers see any money?
General Motors' (GM) energy storage business is underappreciated by investors, while its US tariff e
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Wages and benefits that have been left behind by inflation prompted a strike that could threaten the production of a range of Chevy and GMC pickups.
Investing.com -- The U.S. Court of International Trade (CIT) has ruled that President Trump’s 10% universal tariff, imposed under Section 122 of the Trade Act of 1974, is unlawful.
The US economy grew by 115,000 non-farm payroll jobs in April, according to the Bureau of Labor Statistics' (BLS) latest report, above economists' forecasts of 65,000. The national unemployment rate held steady at 4.3%. Acting US Secretary of Labor Keith E. Sonderling sits down with Yahoo Finance Senior Reporter Jennifer Schonberger to talk about the fresh labor data, citing "resiliency" in job growth amid domestic investments in the US from major companies. Sonderling took on the mantle of Acting Secretary of Labor after Lori Chavez-DeRemer resigned from the Trump Cabinet position on April 20.