GM Suspends 2025 Outlook Over Trump Auto Tariffs

General Motors reported strong first-quarter 2025 results, with $2.78 adjusted EPS and $44.02 billion in revenue, but has withdrawn its full-year profit guidance and suspended $4 billion in share buybacks due to uncertainty over President Trump's new auto tariffs. The Trump administration will maintain 25% tariffs on imported vehicles but will prevent additional duties from stacking and provide some relief on auto parts. GM executives emphasized that the impact of these tariffs could be significant and prior forecasts are not reliable until policy details are clearer. The company postponed its earnings call to address these developments. GM joins other major U.S. firms such as UPS and Procter & Gamble in pulling or lowering guidance amid volatile trade policies. The ongoing uncertainty has contributed to a decline in GM's stock and increased concerns across the manufacturing sector.