Trump threatens General Motors to suspend subsidies

Following the announced job cuts at the American manufacturer General Motors (GM), US President Donald Trump has threatened the company to end the subsidies. He was very disappointed with General Motors and Mary Barra, the company's boss, today wrote Trump on the SMS messaging service.

The US government is now considering removing all GM subsidies, including those for electric cars, he added. "Nothing is closed in Mexico and China – the United States has saved General Motors and that's what we thank!"

GM announced yesterday that it would seriously reduce production in the United States and, as a result, lay off staff and shut down some factories. The measure could reach up to 15,000 employees. The main reasons are weakening sales of small cars in the United States and rising material costs. However, Trump's special duties on steel and, as a result, increased material costs.