Tuesday , March 2 2021

Trump handled a blast into a GM stock to test a point before 2020



TThe sole purpose of President Trump's threat to General Motors ("We are now looking at breaking all @MM subsidies, including electric cars") was to send a signal to their supporters in the affected states.

When Trump made the car maker on Twitter on Twitter, GM stock dropped almost 4 percent, despite scratching back in the following hours.

GM said Monday that it cut 15 per cent of the employed workforce and closed a number of plants in North America, including in Ohio and Michigan, to prepare for future market changes.

Trump won, mainly campaigning on a pledge to regenerate manufacturing positions in the U.S., in both countries in the 2016 election.

CNN, designating an unknown person "told the matter, said that" even there could be no real necessity from the government to shut Trump.

But the threat was not such a shot as GM had to reverse an immediate course as it returned to the theme of the Trump campaign that American workers are equipped.

"Very disappointed with General Motors and CEO, Mary Barra, for closing plants in Ohio, Michigan and Maryland," he said in his tweet. "Nothing is closed in Mexico and China. The General Motors saved by the US, and this is the DDIMON that we get!"

GM did not give him any sign of changing his mind, but saying in a statement, "We appreciate the actions that this administration has taken on behalf of industry to improve the overall manufacturing competitiveness of the United States."

But the conflicts remind Trump fans why they were elected, and that was the point.


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