U.S. President Donald Trump pushed the chief executives of General Motors, Ford and Fiat Chrysler on Tuesday to increase production in the United States and boost American employment.
Trump opened a meeting with GM CEO Mary Barra, Ford CEO Mark Fields and Fiat Chrysler CEO Sergio Marchionne at the White House, saying he wants to see new auto plants built in the United States.
“We have a very big push on to have auto plants and other plants,” he told reporters.
The new Republican president, who took office last Friday, vowed to cut regulations and taxes to make it more attractive for businesses to operate in the United States.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.