GM Suspends Guidance, Freezes Share Buyback on Trump Tariffs (3)

General Motors Co. is pulling earnings guidance for 2025 and putting $4 billion in share buybacks on hold until it has more clarity on the impact of US tariffs.

The Detroit automaker’s decision to withdraw its forecast and partly suspend stock repurchasing underscores how President Donald Trump’s trade policies are upending business plans in Corporate America. GM joins a growing list of US companies pulling earnings projections as they grapple with additional levies on imports — and retaliation from America’s trading partners.

“Because the original guidance didn’t include impact from tariffs, prior guidance can’t be relied upon,” Paul Jacobson ...