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GM Stock Falls After It Reports a $1.1 Billion Hit From Tariffs Barron'sCar makers are feeling tariff pain: GM is the 2nd company to take a hit to profits NPRGM quarterly profit slumps 35%, but it sticks by full year outlook that was lowered in May AP NewsGM says Trump tariffs knocked $1.1bn off its operating income last quarter theguardian.com
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The American automaker reported that tariffs cost them $1.1 billion and reduced the company's profit margin from 9% to 6.1%.
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S&P 500 ekes out another record close Tuesday as traders react to latest earnings: Live updates CNBCStock market today: S&P 500 ekes out new record amid wave of earnings, trade updates Yahoo FinanceTech stocks drag on Nasdaq as investors monitor corporate profits, US tariff talks ReutersUS stocks hang around their records as GM and others show how tariffs are impacting them AP News
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GM Profit Shrinks After $1.1 Billion Tariff Hit The Wall Street JournalG.M. Profit Shrinks on Billion-Dollar Tariff Hit The New York TimesGM says Trump tariffs knocked $1.1bn off its operating income last quarter The GuardianGeneral Motors takes $1.1 billion tariff hit, dinging profit and sending stock reeling MarketWatchGM Is Built to Weather This Policy Storm Bloomberg.com
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