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Cadillac F1 project not affected by Trump tariffs
Reduced profit expectations and a potential $5-Billion hit from automotive tariffs will not affect Cadillac's Formula 1 debut next season, General Motors President Mark Reuss said on Saturday. Cadillac's parent company GM cut its 2025 profit forecast this week in the wake of uncertainty over the wide-reaching tariffs introduced by President Donald Trump. The Detroit carmaker plans to compete with…
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