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Trump miffed with GM's downsizing, threatens subsidy cuts

Updated: Sep 02, 2022 10:53

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President Donald Trump on Tuesday threatened to eliminate all subsidies provided to General Motors. Trump in a tweet expressed his disappointment at GM and said his administration was looking at halting all subsidies including electric cars of GM. General Motors has announced plans to cut 15,000 jobs next year and also shutting 5 plants of which four are in the US.

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Trump miffed with GM's downsizing, threatens subsidy cuts

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