For many Americans, Thanksgiving weekend is a time to anticipate and look forward to the gift giving of the holiday season. For approximately 14,000 employees of GM and their families (and the many businesses that derive their income from them), that gift planning was dampened by the news that the auto maker were making numerous…
Ford Motor Company just announced layoffs in the midst of a reported $1 billion in tariff-related losses. Auto sales are down due to trade tariffs that President Trump imposed on metal and other car-related materials. Competitive Enterprise Institute trade policy expert Ryan Young says this sort of economic calamity is not surprising. “President Trump’s push…