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Losing jobs next year and in the beginning of 2020 may hurt the employment numbers going into a federal election.
Whether or not it is all tariffs or not -- perception that the 'trade wars' initiated by Trump might have had a negative impact on the growing economy -- not good...and may change those swing voters that swung towards Trump.
Look whether or not GM's problems are self inflicted (bad business plan etc) or not is debatable -- but when the auto industry is continuing to complain about the tariffs.......that will impact how voters look at the loss of jobs, the slowing auto industry, etc.
The article says "The factories to be closed currently produce cars that are not sold in the United States"
And we know the tariffs have INCREASED the trade deficits.
Its simple folks, our trading partners are importing even less from US as a result of the trade war, and it is making trade deficits worse, and it is harming US businesses.
Low gas prices and everyone wants to drive a truck or SUV, which has full size car sales down. This is happening to all the Detroit 3, GM is the last to do anything about it though.
People obviously aren't buying GM vehicles in quantities they would like while others car manufacturers are doing quite well. Maybe, just maybe this might be a tiny bit the fault of GM for not supplying the market with vehicles people prefer to buy? Isn't this a continuing issue for GM going back a couple of decades at least?
Trump is the one in the White House right now, not Hillary. Thus, HE will get the blame for this, not her.
How about giving the blame to GM since they seem to be the only ones hurting right now?
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