General Motors cut its outlook for 2025 to account for a $4 billion to $5 billion dent in profits from automotive tariffs, despite President Trump’s decision to walk back some of the levies.Trump moved to soften the impact of his automotive tariffs,

GM’s updated guidance comes two days after the carmaker reported quarterly earnings in which profit and revenue topped expectations.

General Motors Co. lowered its full-year profit outlook, just two days after suspending earnings guidance, citing exposure to as much as $5 billion in auto tariffs being levied by President Donald Trump.

Anderson gave these examples: The Illinois-assembled Ford Explorer will see a tariff of about $2,400, down from $4,300; GM's full-size Chevy Suburban, GMC Yukon and Cadillac Escalade SUVs built in Texas will face a roughly $8,000 levy, down from more than $11,000, and the Mexico-assembled Ford Mustang Mach-E will still see a tariff above $12,000.

The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion this year, according to a GM letter to shareholders. CNN’s Erin Burnett interviews GM CEO Mary Barra about the impact of Trump’s tariffs.

General Motors has already increased full-size truck production at one of its U.S. plants and there are more production shifts to come as the automaker works to mitigate the cost of tariffs on imported vehicles and parts.