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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.

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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