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.

General Motors said Monday it would withdraw guidance it had previously issued over its potential profits this year because of President Trump’s tariffs, which have sparked uncertainty in the auto sector as well as the broader economy.