Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace

What makes the dollar strong?

Aug 23, 2019

Latest Episodes

Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
This Is Uncomfortable
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy

Amid cutbacks, tariffs are adding to GM’s financial woes

Mitchell Hartman Nov 27, 2018
Share Now on:
HTML EMBED:
COPY
A worker wears a t-shirt during a information session at Local 222 in Oshawa, Ontario, on November 26, 2018.
LARS HAGBERG/AFP/Getty Images

General Motors announced it would close five production plants in North America and lay off almost 15,000 management and union workers. The U.S. car company is profitable right now, but slowing car sales and increased tariffs are squeezing GM’s bottom line. Syracuse economist Mary Lovely says the Trump administration’s trade policies are weighing on the company. “Steel and aluminum tariffs have raised its costs by about $1 billion,” Lovely said. GM plans to streamline its model lineup, and the restructuring could help keep GM in the black. 

If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air.  But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.

Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.

When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.