WASHINGTON–President Donald Trump threatened on Nov. 27 to cut subsidies for General Motors Co. after the largest U.S. automaker said it would halt production at five plants in North America and cut nearly 15,000 jobs.
“Very disappointed with General Motors and their CEO, Mary Barra, for closing plants in Ohio, Michigan and Maryland. Nothing being closed in Mexico & China. The U.S. saved General Motors, and this is the THANKS we get!” Trump wrote on Twitter.