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0.00109051254089431 0.00109051254089431 0.00109051254089431 0.00305343511450383 0.0028266085059979 0.000218102508178801 -0.000436205016357601 0.00109051254089431
Stock impact report

GOP senator rallies around major automaker's American production boost after Trump tariff announcement [FOX Business Network]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Sen. Jim Banks, R-Ind., praised the decision by General Motors to boost their production in the United States, as it will directly have a positive impact on Fort Wayne. The decision to boost domestic truck production comes the day after President Donald Trump announced reciprocal tariffs impacting the global economy, and it's expected to have sweeping implications for the auto industry, Reuters reported. "The GM announcement is great news for Hoosiers. It hasn't even been 24 hours and President Trump's plan is already delivering for working families in Indiana in a big way," Banks told FOX Business on Thursday afternoon, shortly after the announcement was made. FOX Business was told that hundreds of temporary workers will be hired at the Fort Wayne plant for the pickup trucks, overtime will be increased at the facility, and the other domestic plants and the ones in the Canada and Mexico are still on "scheduled production." "That was quick," Sen. Eric Schmitt, R-Mo., tweeted. Show less Read more
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