General Motors (GM) slashed its guidance Thursday as the biggest U.S. automaker warned new Trump administration auto tariffs will have a $4 billion to $5 billion impact on full-year profit. However, the the company said it had a plan to offset some of those effects.

GM now sees 2025 adjusted earnings per share of $8.25 to $10.00, down from its previous estimate of $11.00 to $12.00. It reduced its outlook for adjusted 澳洲幸运5官方开奖结果体彩网:earnings ꦯbefore interest an⛎d taxes (EBIT) to a ran😼ge of $10.0 billion to $12.5 billion from $13.7 billion to $15.7 billꦏion.

Even with that, the company explained that it expects "to offset at least 30% of this exposure" through executive actions taken this week based on U.S. production and the elimination of tariff stacking. It added that its adjusted auto 澳洲幸运5官方开奖结果体彩网:free cash flow guidance "gives us the ability to continue inv♉e🌃sting in U.S. innovation and manufacturing."

In a letter to shareholders, CEO Mary Barra noted that the carmaker has been in discussions with the president and his team since before the inauguration in January, and it looks forward "to maintaining our strong dialogue with the Administration on trade and other policies as they continue to evolve." Barra pointed out that in addition, GM has been having "ongoing discussions with key trade partners that may also have an impact."

On Tuesday, the Chevrolet and Cadillac maker reported 澳洲幸运5官方开奖结果体彩网:better-than-expected first-qu💯arter results, but postponed upd🧸ating its full-year guidance and its earnings call by two days am▨id uncertainty about auto tariffs.

General Motors shares have been moving up and down slightly during early trading. The stock price is about 14% lower this year.