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Trump miffed with GM's downsizing, threatens subsidy cuts

Nov 28, 2018 13:31 IST

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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