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GM posts strong Q1 results, but will reassess expectations for 2025 due to auto tariffs

Michigan was one of the battleground states Trump flipped from the Democratic column in his election. But it’s also been deeply affected by tariffs on imported cars and auto parts.

FILE – A General Motors logo is seen on a building, April 24, 2024, in Detroit. (AP Photo/Paul Sancya, File)
FILE – A General Motors logo is seen on a building, April 24, 2024, in Detroit. (AP Photo/Paul Sancya, File)
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GM said its initial full-year financial forecast doesn’t contemplate the potential impact of tariffs.

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