business / news / / KABC-TV
The automaker is now boosting its full-year profit forecast by $500 million.
General Motors expects $500 million in refunds from Supreme Court-invalidated tariffs.
KEY POINTS
- GM raised its full-year profit forecast by $500 million due to anticipated tariff refunds.
- Over 330,000 importers, including GM, paid $166 billion in now-invalid IEEPA tariffs.
- The federal government has opened a portal for companies to reclaim their tariff payments.
COMPANIES
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