CNBCのインスタグラム(cnbc) - 11月28日 06時27分

President Trump escalated his public threats against General Motors on Tuesday. After the company announced plans to slash production at several American plants, and lay off more than 14,000 people, Trump said he will consider cutting all subsidies to GM.

It is unclear exactly how much GM benefits from federal government subsidies, but the automaker's shares fell following the president's comments.

Hours after Trump‘s threat, the company has issued a statement on its "commitment to U.S. manufacturing.” For the latest on this developing story, please visit the link in CNBC's bio.
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