New York, May 1, 2025 (AFP) - GM cuts 2025 outlook, projects up to $5 bn hit from tariffs

NAMPA / AFP
2025-05-01
General Motors pledged Thursday to take additional steps to boost its US supply chain after projecting a $4-5 billion hit to the US auto giant's 2025 earnings from President Donald Trump's tariffs. GM expects to offset "at least" 30 percent of that tariff hit from "self help" measures that include relatively quick changes to its production and supply chain footprint, executives said. Chief Executive Mary Barra described her talks with Trump and h......
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NKURENKURU, 29 April 2025 - A group of learners, teachers from various secondary schools, and officials from different offices in the Kavango West Region joined the rest of the nation in a march against violence against children on Tuesday. (Photo by: Lylie Joel) NAMPA

NKURENKURU, 29 April 2025 - A group of learners, teachers from various secondary schools, and officials from different offices in the Kavango West Region joined the rest of the nation in a march against violence against children on Tuesday. (Photo by: Lylie Joel) NAMPA

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LÜDERITZ, 29 April 2025 - Debmarine Namibia Chief Executive Officer (CEO), Willy Mertens. (Photo by: Josephine Simeon) NAMPA

LÜDERITZ, 29 April 2025 - Debmarine Namibia Chief Executive Officer (CEO), Willy Mertens. (Photo by: Josephine Simeon) NAMPA

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GOBABIS - Senior traditional councillor Gerson Kunomundu Katjirua of the Ovambanderu Traditional Authority (Photo: Contributed)

GOBABIS - Senior traditional councillor Gerson Kunomundu Katjirua of the Ovambanderu Traditional Authority (Photo: Contributed)

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GOBABIS - Senior traditional councillor Gerson Kunomundu Katjirua of the Ovambanderu Traditional Authority (Photo: Contributed)

GOBABIS - Senior traditional councillor Gerson Kunomundu Katjirua of the Ovambanderu Traditional Authority (Photo: Contributed)

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WINDHOEK, 28 April 2025 - North Korea's Ambassador Jong Song. (Photo by: Linea Dishena) NAMPA

WINDHOEK, 28 April 2025 - North Korea's Ambassador Jong Song. (Photo by: Linea Dishena) NAMPA

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WINDHOEK, 28 April 2025 - North Korean Ambassador Jong Song (L) pictured with President Netumbo Nandi-Ndaitwah during a courtesy farewell at State House on Monday. (Photo by: Linea Dishena) NAMPA

WINDHOEK, 28 April 2025 - North Korean Ambassador Jong Song (L) pictured with President Netumbo Nandi-Ndaitwah during a courtesy farewell at State House on Monday. (Photo by: Linea Dishena) NAMPA

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TUHINGIRENI, 27 April 2025 - Residents of Tuhingireni gathered under a tree to discuss the neighbourhood’s concerns. (Photo by: Sawi Hausiku) NAMPA

TUHINGIRENI, 27 April 2025 - Residents of Tuhingireni gathered under a tree to discuss the neighbourhood’s concerns. (Photo by: Sawi Hausiku) NAMPA

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WINDHOEK, 28 April 2025 - Heroes Acre Site Manager Helena Nengola pictured with Speaker of the National Assembly Saara Kuugongelwa-Amadhila. (Photo by: Andreas Thomas) NAMPA

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