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General Motors suspending buybacks, guidance amid tariffs, Bloomberg reports

General Motors (GM) is suspending its guidance as well as $4B in share repurchases amid President Trump’s tariffs, Bloomberg’s David Welch reports. “Because the original guidance didn’t include impact from tariffs, prior guidance can’t be relied upon,” CFO Paul Jacobson, said on a call with reporters. “We will update when we have more information on tariffs.”

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