General Motors (GM) has projected that tariffs could result in a financial impact of up to $5 billion. Despite recent relief measures, the company remains concerned about the ongoing effects. GM’s CEO, Mary Barra, stated that these tariffs will cost the company significantly, and pricing strategies are unlikely to change. This forecast has led GM to cut its profit forecast by 20%, attributing much of this to the billions in costs from auto tariffs. The company has also adjusted its 2025 guidance, citing the substantial tariff exposure. Despite these challenges, GM’s stock performance has remained relatively stable due to other positive factors. — new from Axios