Days after Ford Motor Company cancelled its $1.6 billion plant in Mexico and said it would invest part of that saved money in the United States and create jobs, followed by an announcement from Fiat Chrysler that it would expand its current manufacturing plants in the United States, General Motor is ready to bow to Trump’s demand of make in the United States.
President-elect Donald Trump took to Twitter to Criticize General Motors over its manufacturing in Mexico. On January 3rd, Trump launched the tweet saying that “General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border. Make in U.S.A. or pay big border tax!.” After Ford and Fiat announced their expansion plans, Mr. Trump turned up the heat on GM by tweeting, “I hope that General Motors will be following. And I think they will be,”
Finally, this week, the company is ready to announce $1 billion investment in the United States, its biggest market and to create more than 1,000 jobs.
Once GMU announces, it would be another sweet victory for Trump, who has promised to bring back the manufacturing jobs in the United States.


US Trade Court Blocks Trump’s 10% Global Tariffs
Trump Signals Possible U.S.-Iran Peace Deal as Markets Rally on Hopes of War Ending
European Stocks Edge Higher as Iran-U.S. Peace Talks Boost Market Sentiment
China Export Growth Surges in April as Global Buyers Rush to Secure Supplies
Dollar Weakens as Iran Peace Hopes Boost Risk Appetite and Yen Gains Strength
Best Gold Stocks to Buy Now: AABB, GOLD, GDX
Wall Street Futures Edge Higher as Iran Tensions and AI Optimism Shape Markets
Oil Prices Rebound Slightly After Sharp Drop on Iran Deal Hopes
FxWirePro: Daily Commodity Tracker - 21st March, 2022
Gold Prices Hold Firm as Iran Tensions and Dollar Swings Drive Safe-Haven Demand




