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General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import duties to explain smaller profits.
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GM Profit Falls as Trump Tariffs Add $1.1 Billion in Costs Bloomberg.comG.M. Profit Shrinks on Billion-Dollar Tariff Hit The New York TimesGM beats earnings estimates as CEO says automaker works to 'greatly reduce' tariff exposure CNBCGeneral Motors profit and revenue drops, but it maintains lowered full year outlook AP News
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