This week, General Motors reported some of the impact of the new US government tariffs on imported autos and parts, saying its second-quarter net income dropped by 35%, with the cost of tariffs now tallying $1.1 billion so far and projected to climb to as much as $5 billion by the end of the year. Surprisingly, Buick sales in the US are up 29% this quarter, despite three out of four Buick models being built in either South Korea or China.
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