General Motors (GM) has announced a significant reduction in its profit forecasts, estimating a potential hit of up to $5 billion due to tariffs imposed by the Trump administration. CEO Mary Barra revealed that the company will not raise electric vehicle prices despite the expected tariff costs. With the automotive landscape changing, GM is not only adjusting its guidance for 2025 but has also suspended its share buyback program and withdrawn its profit forecasts temporarily. The car manufacturer is working on strategies to manage this financial burden, including boosting U.S. production to mitigate some of the losses. Despite these challenges, GM is still delivering strong quarterly results, although it has faced production hurdles affecting full-size pickups and SUVs.