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GM shares soar on better tariff outlook and EV backpedal
GM shares soar on better tariff outlook and EV backpedal
Business and Economy
by  AFP

General Motors shares soared Tuesday after reporting strong results as it adjusts strategy over US President Donald Trump's tariffs and slashing of economic support for electric vehicles. On Tuesday, she thanked "the President and his team" for adjusting tariff policies, including a shift on Friday that lets the company offset some of the costs of tariffs on imported parts through 2030.