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Import Models GM, which imports vehicles from South Korea ... Stanley Black & Decker Inc., which makes power tools and lawn ...
Ford reported better-than-expected first quarter results but pulled its full-year guidance as President Trump's auto tariffs ...
The increase comes as automakers navigate a new landscape shaped by 25 per cent tariffs on vehicle imports from key trade ...
Ford Motor Co. reported first quarter profits down across all its divisions, but it said it has managed to mitigate some ...
This is the language of corporate earnings calls amid President Donald Trump's tariffs. As a result of the uncertainty, companies are lowering or outright scrapping their earnings forecasts. Here's a ...
Among U.S. companies that have disclosed financial projections so far, GM sees a US$5 billion hit this year, while Apple ...
Even with President Trump reaching a breakthrough trade deal with China, many companies haven’t been able to avoid the sting ...
The U.S. has slapped 25% tariffs on auto imports, vehicle parts and steel and aluminum. The Trump administration has provided ...
Pre-emptive warnings may vastly underestimate the overall hit to bottom lines. Read more at straitstimes.com. Read more at ...
Last week, GM announced it would take a $4 billion to $5 billion tariff hit to its full-year EBIT earnings, with CFO Paul Jacobson adding $2 billion of that would come from importing vehicles into ...
GM GM likely benefited from consumers fast-forwarding planned car purchases ahead of President Donald Trump’s tariffs. “This strength likely continued into April,” RBC Capital analyst Tom ...