General Motors Co. says President Donald Trump’s tariffs cost the automaker $1.1 billion in profits. Higher warranty costs and a buildup in inventory of electric vehicles also hurt the figures. But GM has not raised sticker prices to recoup tariff costs. Paul Jacobson, General Motors chief financial officer and executive vice president, speaks on “Bloomberg Open Interest.” (Source: Bloomberg)
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GM to Maintain Pricing Strategy, Despite Trump Tariffs
