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Economy
Pres. Trump presses GM to move 'back to America again'
2019-08-31
[The Hill] President Trump on Friday suggested General Motors should start moving its manufacturing operations "back to America," echoing his calls to renew the U.S. auto industry.

"They moved major plants to China, BEFORE I CAME INTO OFFICE," Trump tweeted. "This was done despite the saving help given them by the USA. Now they should start moving back to America again?"
But thanks for the $49.5 Billion dollar loan from the U.S. Treasury.
GM told The Hill in an email that over the last 10 years, its employment has remained stable, noting that it has 46,000 active United Auto Workers employees, up slightly from 45,000 in 2011.

The company also noted its announcement of investments of more than $23 billion in its U.S. manufacturing operations in the last decade, across 11 states.

Trump has long advocated for manufacturing companies to remain or move to the U.S. and has criticized companies for moving their operations abroad.

The president slammed GM last year after the automaker announced plans to cut thousands of jobs in the U.S. and Canada.
Posted by:Besoeker

#2  Maybe the CEOs need to be accountable for the loan
Posted by: Alaska Paul   2019-08-31 13:33  

#1  No more bailouts for you, badboy. Evar!
Posted by: Abu Uluque   2019-08-31 11:28  

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