President-elect Donald Trump is prepared to hurt GM Motors economically for moving production of its Chevy Cruze model to Mexico. If they follow through with the move, Trump said they can expect a major tax.
General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border. Make in U.S.A.or pay big border tax!— Donald J. Trump (@realDonaldTrump) January 3, 2017
MSNBC anchors on "Morning Joe" defended GM's move to Mexico on Tuesday, arguing that it will use cheaper labor. The analysts also insisted that an "unhinged" tweeting Trump will only disrupt market forces.
Trump criticized Ford for a similar move back in September. The car company announced it was going to produce most of its smaller vehicles in Mexico.
GM responded with its own statement, telling the president-elect that the car in question is actually built in Ohio.
JUST IN : GM says Chevy Cruze, which Trump earlier criticized for being "Mexican made" & sold "tax free across border", is made in Ohio. pic.twitter.com/oh66pKfdiB— CNBC (@CNBC) January 3, 2017