Lobato1
Mayor
The ILLEGAL Pervert Commander in Chief is railing against GM's decision to close plants & axing 14,000 jobs, events triggered by his trade war, however GM had warned earlier this year that tariffs would hurt jobs & wages.
.
BTW:
Expect Ford & Honda to follow;
Steel & aluminum tariffs imposed by the Trump administration have cost Ford Motor Co (F.N) about $1 billion in profits, its chief executive officer said on Wednesday, while Honda Motor Co (7267.T) said higher steel prices have brought “hundreds of millions of dollars” in new costs.
.
My reference on GM:
https://www.businessinsider.com/china-trade-war-trump-blames-gm-for-job-losses-caused-by-his-tariffs-2018-11?fbclid=IwAR0oMnQxZwtOHdjRucoj8rI-Ndkdv9IjyySadfVAEySAZCKY5hsVlTv76Kc
.
My Reference on Ford:
https://www.reuters.com/article/us-ford-motor-tariffs/trump-metals-tariffs-will-cost-ford-1-billion-in-profits-ceo-says-idUSKCN1M61ZN
.
.
Sad.
Best Regards
Lobato1
.
.
.
BTW:
Expect Ford & Honda to follow;
Steel & aluminum tariffs imposed by the Trump administration have cost Ford Motor Co (F.N) about $1 billion in profits, its chief executive officer said on Wednesday, while Honda Motor Co (7267.T) said higher steel prices have brought “hundreds of millions of dollars” in new costs.
.
My reference on GM:
https://www.businessinsider.com/china-trade-war-trump-blames-gm-for-job-losses-caused-by-his-tariffs-2018-11?fbclid=IwAR0oMnQxZwtOHdjRucoj8rI-Ndkdv9IjyySadfVAEySAZCKY5hsVlTv76Kc
.
My Reference on Ford:
https://www.reuters.com/article/us-ford-motor-tariffs/trump-metals-tariffs-will-cost-ford-1-billion-in-profits-ceo-says-idUSKCN1M61ZN
.
.
Sad.
Best Regards
Lobato1
.
.
Last edited: