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Trump attacks GM over Chevy Cruze production and threatens tax hike

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U.S. President-elect Donald Trump on Tuesday blasted U.S. carmaker General Motors Co and threatened to impose a “big border tax” for making some of its Chevrolet Cruze cars in Mexico.

“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!” Trump said in a post on Twitter.

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Shares of GM fell about 1 percent in premarket trading after Trump’s tweet.

Representatives for GM could not be reached immediately for comment.

In November, GM said it planned in early 2017 to lay off 2,000 employees at two U.S. auto plants, including one in Lordstown, Ohio, where it builds the compact Chevrolet Cruze.

GM had planned to build the Cruze hatchback in Mexico while continuing to build the Cruze sedan in Ohio, supplier sources have said.

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The shift is part of a larger trend among Detroit’s Big Three automakers to produce more small cars for the North American market in Mexico in an effort to lower labor costs, while using higher-paid U.S. workers to build more profitable trucks, sport utility vehicles and luxury cars.

(Reporting by Susan Heavey, David Shepardson, Joe White and Bernie Woodall; Editing by Jeffrey Benkoe)


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‘The man who sold America’: Mitch McConnell’s mountain of political sins catalogued in devastating new profile

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Mitch McConnell finally has the power he's longed for since he was a 22-year-old intern for Sen. John Sherman, but his ruthless march to become Senate majority leader has seen him abandon almost all of his stated principles -- and earned him a lot of enemies.

The Kentucky Republican has been unpopular in his home state for years, but this summer has seen his approval rating plunge to 18 percent after MSNBC's Joe Scarborough tarred and feathered him with the nickname "Moscow Mitch," and he's increasingly seen as "the man who sold America," reported Rolling Stone.

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Sarah Sanders rages on Fox News that the ‘out-of-control’ media is ‘making stuff up’ about Trump

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In her new gig as a Fox News contributor, former White House spokesperson Sarah Huckabee Sanders complained to host Sean Hannity that the "out-of-control" media makes "stuff up" about Donald Trump because they hate him for winning in 2016.

Sanders, who once told reporters that "countless" FBI agents had lost confidence in James Comey only to later tell investigators from special counsel Robert Mueller's office that she made it up, complained to the Fox host about the press being untrustworthy.

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2020 Election

Inside the secret GOP plan to keep power in 2020 — and beyond

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In 2020, we need to pay attention to state elections as well as elections for president and Congress. State elections could decide whether the Republican Party further corrupts American democracy.

As demographics change — and America becomes more diverse and more liberal — the GOP has responded by implementing policies that will take away power from the American people. Rather than changing with the times, they’ve got another plan: minority rule – by them.

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