Tag: industrial collapse.
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GM SHUTS DOWN In U.S. Over Trump’s Tariffs — White House in Panic! Can Trump Stop The Trade War?
General Motors (GM) announced an unprecedented stop in U.S. production, activated by a $4-5 billion monetary hit from Trump administration tariffs. The shutdown, detailed in a letter to shareholders by CEO Mary Barra, originates from a best storm of rising costs, interrupted supply chains, and collapsing demand. Tariffs on crucial elements like steel, aluminum, and…