Trump Gives GM Ultimatum: Reopen Closed Lordstown, Ohio, Plant

The closing of the four U.S. plants comes as GM has reported nearly $11 billion in fourth quarter pre-tax profit and more than $38 billion in revenue, beating financial experts’ expectations. Additionally, despite the mass layoffs, Barra has continued to rake in nearly $22 million a year.Trade experts and fellow economic nationalists have urged Trump to pursue auto tariffs to persuade American automakers from leaving the U.S. to seek out cheaper production and less-paid foreign workers in China and Mexico.

Source: Trump Gives GM Ultimatum: Reopen Closed Lordstown, Ohio, Plant

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