Angry over cutbacks, Trump threatens to end subsidies to GM

 

November 28, 2018



WASHINGTON (AP) — President Donald Trump tested the limits of his presidential authority and political muscle as he threatened Tuesday to cut off all federal subsidies to General Motors because of its planned massive cutbacks in the U.S.

Trump unloaded on Twitter a day after GM announced it would shutter five plants and slash 14,000 jobs in North America. Many of the job cuts would affect the Midwest, the politically crucial region where the president promised a manufacturing rebirth. It was the latest example of the president's willingness to attempt to meddle in the affairs of private compan...



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