President Donald Trump revealed Tuesday that his administration is considering rescinding government subsidies for General Motors after the company announced it would layoff thousands of…
President Donald Trump revealed Tuesday that his administration is considering rescinding government subsidies for General Motors after the company announced it would layoff thousands of workers.
Very disappointed with General Motors and their CEO, Mary Barra, for closing plants in Ohio, Michigan and Maryland. Nothing being closed in Mexico & China. The U. S. saved General Motors, and this is the THANKS we get! We are now looking at cutting all @GM subsidies, including….
— Donald J. Trump (@realDonaldTrump) November 27,2018
….for electric cars. General Motors made a big China bet years ago when they built plants there (and in Mexico) – don’t think that bet is going to pay off.
