Trump says he is looking at cutting subsidies for GM after U.S. plant closure and layoff announcements

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Trump says he is looking at cutting subsidies for GM after plant closure and layoff announcements GlobeBusiness

Source: Car News Wire (carnewswire.net)

 

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globebusiness Good to see a leader with courage, unlike the spine less vote pandering twit we put in Ottawa - Trudeau

globebusiness Mr. Trump is correct. I also believe he will do what he says. Nice for a change from a politician

globebusiness If GM moves to China, boycott GM vehicles. It’s the only thing they understand, money.

globebusiness Good. President Trump is doing what is necessary to keep American companies manufacturing in America and employing Americans. I wish my country would do the same. Instead, we gave GM 1B$ and they left anyway.

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GM fighting to retain electric-vehicle tax credit targeted by Donald TrumpThe U.S. president reacted angrily to GM’s plans for plant closures and layoffs, saying he is ‘looking at cutting all GM subsidies, including for electric cars.’ globebusiness Yes please give us that free money aka Corporate charity so we can continue to outsource everything to cheap labor countries, and close more plants in North America. globebusiness Any business that requires welfare handouts is not a business it’s a joke. globebusiness Workers in Oshawa had their lives changed forever weeks before Christmas. GM deserves no sympathy or charity from North American taxpayers. boycottGM
Source: globeandmail - 🏆 5. / 92 Read more »

Evening Update: Trump looks at cutting off GM subsidies; new national guidelines for colorectal screeningAlso: Scotiabank posts profit slightly below forecasts, selling Caribbean businesses Spoiler: Trump can't do that. Only Congress. A leader wiith balls Trudeau just puts his tail between his legs & goes campaigning
Source: globeandmail - 🏆 5. / 92 Read more »

Trump wants to cut GM off its electric car subsidy program as payback for closing plantsWill look at certain subsidies and whether they should apply or not. ‘Can’t say anything final about that, but we’re looking into it’: Larry Kudlow Can’t think of a better place to build electric vehicles that Oshawa, Ontario. Which subsidy program? Lets cut that nose right off the face.
Source: VancouverSun - 🏆 49. / 61 Read more »

Trump rages against GM, while Trudeau and Ford find common ground - Macleans.caThe Politics Insider for Nov. 27: Fallout from GM's plant closure in Oshawa, the Senate votes to force Canada Post employees back to work, and rogue CRA employees may be snooping in your files In 1846, Peel repealed the Corn Law,shifting from mercantilism to free trade. In 2018, Trump repeated the NAFTA, shifting from freed trade to mercantilism. GM Oshawa has to shut down because 90% of the cars are selling to the US that cannot meet the USMCA requirement of 75% of the parts should be made in North America. Too much of its contents are made in Asia.
Source: macleans - 🏆 19. / 71 Read more »

Trump threatens GM over plant closings as Trudeau seeks to reassure workersBoth leaders expressed their deep disappointment with the auto giant’s decision to close five factories and cut up to 14,800 jobs in the United States and Canada globepolitics like deer in headlights Its all over for both of them cdnpoli globepolitics No, Doofus cried on Donalds lap, then ran to his safe space and hid from his problems. globepolitics So, 2500 GM workers in ONT lose their jobs and the PM is panicking wanting a support plan, well 100,000 workers lost jobs in Alberta a couple years ago and got nothing but a couple extra weeks unemployment, Trudeau better offer nothing more than that or Alberta will separate soon
Source: globeandmail - 🏆 5. / 92 Read more »

Trump says auto tariffs ‘being studied’ after GM plant closingsSuch tariffs would have prevented GM from shuttering its U.S. plants, President adds globebusiness Wow. Isn’t that something.
Source: globeandmail - 🏆 5. / 92 Read more »

Trump studying new tariffs on imported cars to stop GM closing plantsProspect of 25% tariffs on imported autos and parts will send shockwaves through the industry Donnie. Tariff Everything. That'll Work. Sure! Smart! This is going to make US consumers prefer a Chevy Cruze over a BMW, or a Honda, or a Toyota. Of course the plant closures just may be a reflection that the market doesn’t want what they produce. I’m not a genius like the president says he is , but .... ? Just saying.
Source: nationalpost - 🏆 10. / 80 Read more »

Unifor president wants Trudeau to use Trump tactics, impose stiff tariff on GM vehicles in MexicoIn addition to mothballing the Oshawa plant, GM’s cuts involve shutting down production at four facilities in the U.S, including in Ohio and Michigan Trudeau will get them to agree on some gender equality thing & he doesn't care about Canadian jobs ....Look at the pipelines
Source: VancouverSun - 🏆 49. / 61 Read more »

Union Head To Trudeau: Get Tough With GM, Trump-StyleDias is calling on Canada and the U.S. to slap a 40% tariff on Mexican-made cars. Well isn’t he one stupid person! 😡 Why doesn't Unifor do better in getting Mexican workers unionized? No seriously. We want to level playing fields. Level them. Uniform Head and his boyfriend Captain Crayon are now using the same terminology that they criticized when Trump threatened tariffs.
Source: HuffPostCanada - 🏆 61. / 53 Read more »

Motor Mouth: The far-reaching effect of GM’s Oshawa plant shutdown.drivingdotca’s David Booth: “GM is not only devastating our economy but risking a showdown with Trump”: drivingdotca And a showdown they will get to regret drivingdotca 'Showdown' . . . pfffft! A showdown just like any Pro Wrestling event. scriptedDrama drivingdotca What your not getting here is that companies were producing in NA because they could count on governments to not only work together but protect their interests because of their presence here. What realDonaldTrump has told them is he doesn't care about their interests or business
Source: VancouverSun - 🏆 49. / 61 Read more »