Trump Tweeted and Gm Facilities

u.s: U.S. President Donald Trump tweeted that he was very disappointed with GM and its CEO on Tuesday, according to The Toronto Star. Alex Brandon / The Associated Press The U.S. saved General Motors, and this is the THANKS we get! Trump tweeted, noting that GM facilities in both China and Mexico appeared to escape unscathed. The U.S. president's senior economic adviser was in the middle of a White House briefing when Trump delivered his latest broadside, a full 24 hours after General Motors announced plans to cut more than 14,000 jobs and end production at five plants, including one in Oshawa, Ont. We are now looking at cutting all GM subsidies, including for electric cars. I am here to protect America's Workers! The company said the cuts 2,500 jobs in Oshawa, GM's Canadian heartland, as well as 3,300 production workers in the U.S. and 8,000 salaried staff are part of a dramatic course correction aimed at better positioning GM for the dominance of electrified, interconnected and automated automobiles. 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. (news.financializer.com). As reported in the news.

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