GM expecting $500m Trump tariff refund, boosting its 2026 earnings outlook
Companies are now seeking refunds on tariffs after supreme court ruled Trump’s emergency levies were illegal Sign up for the Breaking News US email to get newsletter alerts in your inbox General Motors is expecting a $500m tariff refund after the US supreme court struck down some of Donald Trump’s most sweeping levies. That has boosted the Detroit automaker’s outlook for 2026. On Tuesday, GM said it’s now looking to rake in $13.5bn-$15.5bn in earnings before interest and taxes this year – up fro
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A worker assembles vehicle doors at the General Motors assembly plant in Fort Wayne, Indiana, in 2024. Photograph: Emily Elconin/Bloomberg via Getty ImagesView image in fullscreenA worker assembles vehicle doors at the General Motors assembly plant in Fort Wayne, Indiana, in 2024. Photograph: Emily Elconin/Bloomberg via Getty ImagesGeneral MotorsGM expecting $500m Trump tariff refund, boosting its 2026 earnings outlookCompanies are now seeking refunds on tariffs after supreme court ruled Trump’s emergency levies were illegal Sign up for the Breaking News US email to get newsletter alerts in your inbox Associated PressTue 28 Apr 2026 12.47 EDTLast modified on Tue 28 Apr 2026 12.52 EDTSharePrefer the Guardian on GoogleGeneral Motors is expecting a $500m tariff refund after the US supreme…
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