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1.Market Observations, 8.Was Sticky

29 Nov 2018 (AFR) – Donald Trump faces fallout of stalling US car industry

(29 November 2018, AFR, p25, by Sam Fleming and Andrew Edgecliffe-Johnson)

‘Washington/ New York | Campaigning in April ahead of the US midterms, Donald Trump earned rapturous applause from a crowd in Michigan’s manufacturing heartland as he said he was single-handedly bringing the auto sector back to the state. The president’s sunny assessment of his policies suffered a serious blow on Monday, as General Motors announced it was shutting two of its Michigan plants, along with closures in Ohio, Maryland and overseas.

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