Posted on 08/31/2019 7:12:02 PM PDT by 2ndDivisionVet
On Friday, the 30th of August 2019, US President Donald Trump, who had been engaged in a rattling battle all over the world with Beijing over tariffs, prodded No. 1 US automaker, General Motors Co., the Detroit-based US multinational automotive corporation to shift its manufacturing hubs back into the United States.
Meanwhile, criticising the Detroit-based automaker’s move to shift a majority of its larger plants to China aimed at averting China tariff on US-based autos, while remaining competitive in the largest auto market in the world, China, Trump tweeted in a post earlier on Friday (August 30th), “General Motors, which was once the Giant of Detroit, is now one of the smallest auto manufacturers there.
They moved major plants to China, BEFORE I CAME INTO OFFICE. This was done despite the saving help given them by the USA. Now they should start moving back to America again?” Aside from encouraging General Motors to resume its operation in the United States, Trump had also referred to a Bloomberg News that reported a downsize of General Motor’s US-based workforce below 46,000 due to a number of factors including tumbling auto sales in the major economies across the world alongside a higher operational cost, while in response to Trump’s Tweet, the Detroit-based automaker which halted operations in four of its North American manufacturing hubs earlier this year citing a heightening of operational costs alongside a rumbling trade war, said in a fact sheet on Friday (August 30th), “GM’s China operations are not a threat to U.S. jobs”.
(Excerpt) Read more at financial-world.org ...
GM sells more cars in China than in the US, and very few Chinese-made vehicles are imported into the US. There will be a flood of such imports without action now.
Only if we buy them.
52 min, but amazing interview..!
His English stinks but his message is amazing.
https://www.youtube.com/watch?v=4cwXifDaCjE
He sez...
1. Chinese Commi party has maybe 2 years at most, then bust
2. China and the people rock but the CCP is now simply a yuge, drug-dealing money-laundering op
3. Jack Ma of Alibaba will be killed or in prison within one year
4. The USA is in great danger and the CCP has a 3-point program to destroy us
Jack Ma promised he’d employ one million Americans.
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