Trump just liberated GM from its profits

Looks like GM is going the non-profit route as JPMorgan says Trump's tariffs will wipe out all of their Global profits. Ford won the consolation prize as they are only going to be liberated from 75% of their profits.

 

So much winning for Trump, Aaron, Brent, Charles, David, Tom and Boiler today!

 

https://eletric-vehicles.com/ford/jpmorgan-sees-tariff-wiping-out-gm-total-profit-slashing-75-of-fords/

Edited on Apr 3, 2025 9:53am

Trump is such an uninformed, uneducated dumb fuck that he doesn't realize that we don't have a "domestic" auto industry. The average car crosses the US-Canada border eight times before it's completed.

 

The stupid fantasy of "independence" never was and never will be. But Trump thinks that isolationism is a good thing.

 

We now have to suffer because of his idiocy.

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