He is yet to follow through on such threats, but earlier this month it was reported that the White House was circulating a report discussing the prospect of auto tariffs.
The tariffs on $200 billion worth of goods from China also cover a wide range of goods, some of which are used in automobile production, such as gaskets and washers.
Trump claimed on Twitter that "many more cars would be built" in the United States if higher duties were introduced and that "GM would not be closing their plants". Get smart Congress. Also, the countries that send us cars have taken advantage of the U.S. for decades.
Trump threatened Tuesday to cut off all federal subsidies to General Motors because of its planned massive cutbacks in the U.S.
SEC fines Floyd Mayweather and DJ Khaled $750K for cryptocurrency shilling
The boxer has settled with the SEC and, as part of his punishment, will be banned from promoting any securities for three years. Khaled is giving up the $50,000 he received from Centra and will pay a $100,000 fine and $2,725 in interest.
A White House rebuke to GM would fly in the face of long-held Republican opposition to picking winners in the marketplace. In August, U.S. Steel also said it was upgrading its Gary, Indiana plant. "You better get back in there, '" VOA News quoted Trump as saying.
Here's another problem for Mr. Trump: Any change in the EV credit would have to originate with Congress, which authorizes spending. "The reality is GM is on the cusp of complete disinvestment in Canada, and that will lead to a catastrophic end to Canada's most lucrative export industry". Trump has publicly threatened GM as he tries to follow through on campaign promises to boost American manufacturing - which he reiterated during a rally near the Lordstown facility a year ago.
Senate Democratic Leader Charles Schumer on Tuesday criticized Trump for "overpromising" as a candidate about protecting against plant closures if he was elected.
GM's announcement left manufacturing cities reeling.
Companies subject to Trump's attacks typically have been reluctant to respond directly, but industry groups like the Business Roundtable have frequently criticised the administration's trade policies for damaging United States competitiveness and raising costs. GM then started offering buyouts to 18,000 workers, before moving on to the plant closures announced this week. For instance, GM plans to add hundreds of workers at its pickup truck assembly plant in Flint, Michigan, Morrissey said.
But those expansions aren't enough to accommodate all of the roughly 3,300 US factory workers who could lose their jobs.
President Donald Trump on Wednesday once again raised the specter of auto tariffs.