Author Topic: Trump Threatens to End GM Electric-Car Subsidies  (Read 153 times)

Offline tac

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Trump Threatens to End GM Electric-Car Subsidies
« on: November 27, 2018, 12:08:53 PM »
Trump Threatens to End GM Electric-Car Subsidies

Justin Sink and Ryan Beene

Bloomberg) -- President Donald Trump said he may try to eliminate electric car subsidies for General Motors Co. after it announced it will close factories and lay off thousands of U.S. workers.

GM fell as much as 2.9 percent and traded down 2.4 percent at $36.73 at 2:16 p.m. in New York.

Trump has repeatedly expressed anger over GM’s plan to close five North American factories since its Chief Executive Officer Mary Barra announced the layoffs on Monday.


https://www.msn.com/en-us/news/politics/trump-says-us-may-eliminate-electric-car-subsidies-for-gm/ar-BBQakyN

Why should the tax payer keep paying for these cars if they are manufactured in China?


Online supsalemgr

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Re: Trump Threatens to End GM Electric-Car Subsidies
« Reply #1 on: November 27, 2018, 12:42:15 PM »
Trump Threatens to End GM Electric-Car Subsidies

Justin Sink and Ryan Beene

Bloomberg) -- President Donald Trump said he may try to eliminate electric car subsidies for General Motors Co. after it announced it will close factories and lay off thousands of U.S. workers.

GM fell as much as 2.9 percent and traded down 2.4 percent at $36.73 at 2:16 p.m. in New York.

Trump has repeatedly expressed anger over GM’s plan to close five North American factories since its Chief Executive Officer Mary Barra announced the layoffs on Monday.


https://www.msn.com/en-us/news/politics/trump-says-us-may-eliminate-electric-car-subsidies-for-gm/ar-BBQakyN

Why should the tax payer keep paying for these cars if they are manufactured in China?

Trump just may have uttered that question in the oval office.
"If you can't run with the big dawgs, stay on the porch!"

 

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