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US President Donald Trump is railing against GM's decision to close plants and axe up to 14,000 jobs, despite the role his trade war played in triggering the events in the first place.

When listing reasons behind the job cuts on Monday, General Motors tiptoed around trade policy and blamed a host of other factors instead. But the company has been much more direct in its criticism of Trump's trade war in the past.

Earlier this year GM lowered its profit forecasts for 2018, citing higher steel and aluminium prices caused by new US tariffs. And in June, GM warned that trade tariffs could lead to job losses and lower wages, telling the Commerce Department that higher steel tariffs would impact competitiveness.

www.businessinsider....fs-2018-11

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