Liam Denning, Columnist

GM Is Built to Weather This Policy Storm

The automaker can manage the administration’s policy pivots better than some rivals.

July 22, 2025 at 4:32 PM UTC

Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.

Future proof?
Photographer: Emily Elconin/Bloomberg

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General Motors Co. is the quintessential automaker for Trump’s America. That’s a dubious and complex honor.

GM beat the consensus forecast when it reported second-quarter earnings Tuesday morning. The stock slumped as much as 8% anyway. The culprit is President Donald Trump’s ongoing and volatile trade war.