Ohio Sen. Brown: Trump Supports American Cars Act

Ohio Sen. Brown: Trump Supports American Cars Act

President Donald Trump on Thursday sought to contrast General Motors, which he rebuked this week after the automaker announced plans to lay off thousands of USA workers as part of a broad restructuring move, with American steelmakers and other vehicle makers.

"Very disappointed with General Motors and their CEO, Mary Barra, for closing plants in Ohio, Michigan and Maryland" while sparing plants in Mexico & China, Trump tweeted, adding: "The U.S. saved General Motors, and this is the THANKS we get!"

More cars would be assembled in the USA if the same tariff were applied on imported cars, Trump said, adding in a second tweet that "G.M. would not be closing their plants in Ohio, Michigan & Maryland".

As he has done with several companies since he took office, Trump promised retribution for GM if it closes the plants.

The company responded to Trump saying it remains "committed to maintaining a strong manufacturing presence in the USA, as evidenced by our more than $22 billion investments in U.S. operations since 2009".

Under the Trump tax bill, if an automaker with factories outside of the USA obtain a certain value, they are taxed at 10.5 percent instead of 21 percent.

"Get smart Congress. Also, the countries that send us cars have taken advantage of the USA for decades", Trump wrote.

It's unclear exactly what subsidies Trump was referring to in his tweet, but most think he was talking about the electric-vehicle tax credit, which gives a $7,000 break to anyone who buys an electric vehicle.

Boy, 16, to be charged
The force said the older boy, who can not be named for legal reasons, will appear at Youth Court "in due course". My friend does regular charity work in Huddersfield which involves giving food donations to refugee families.

"We have talked for the past few years about an engine plant to support our North American production and sales, and now with increasing production levels in North America, we are again investigating this option", said Krueger.

US Trade Representative Robert Lighthizer said in a statement on Wednesday that he "will examine all available tools to equalize the tariffs applied to automobiles".

Beyond the subsidies given to customers, GM has received about $333.5 million in federal spending in the past 12 months, according to a USA government website that tracks federal expenditures.

But Kevin Wyndham, chairman of the Trumbull County Republican Party, said Brown's bill meddles with the free market that GM is reacting to.

'Everyone just wants to keep working right now and get through this.

Dias said he would meet with the United Auto Workers on Wednesday and discuss the possibility of "mass actions" in GM plants across the two countries.

In an example of "what's good for investors isn't good for workers", GM's stock increased after the announcement of layoffs and factory closings. Tesla surpassed 200,000 cumulative EV sales in the USA earlier this year, and Bloomberg NEF analysts project that GM will probably exceed that mark this quarter. The factory is still in operation and now builds the Sonic and the Bolt electric vehicle.

Related Articles