General Motors on Tuesday pulled its annual forecast, reflecting the uncertain effects of U.S. President Donald Trump's global trade war, even as it reported strong quarterly results. In an unusual move,

General Motors is abandoning a previous forecast for solid profit growth this year as a result of the uncertainty created by President Trump’s trade policies, the automaker said on Tuesday. The Trump administration imposed a 25 percent tariffs on imported cars this month and has said it will impose a 25 percent duty on imported parts on Saturday.

GM’s initial full-year guidance was for net income between $11.2 billion and $12.5 billion and adjusted earnings between $11 and $12 a share. Related: Trump to ease impact of ta

General Motors (GM) said it was pulling its earnings guidance for the year and reporting lower-first quarter earnings from a year ago. 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰💵 President Trump’s auto tariffs have clouded the outlook and its prior forecast “can’t be relied upon,

General Motors posted strong financial results for its first quarter on Tuesday, but says it will reassess its full-year financial outlook due to auto tariffs.

The automaker is pushing back its conference call to discuss its guidance and quarterly results until Thursday, so that it can assess potential tariff changes.

General Motors (GM) on Tuesday reported better first-quarter results than analysts had expected, but postponed earnings call by two days amid uncertainty about auto tariffs. The Chevrolet and Cadillac maker recorded adjusted earnings per share (EPS) of $2.