Draining the swamp......
SteelinSteely Don.
In that way! Cryptic Donald!Steel = strong
Wouldnt it be more indicative of insider trading if he had of bought stock in US based steel companies? Selling shows he had zero clue what was about to happen, or am I reading that wrong?
Wouldnt it be more indicative of insider trading if he had of bought stock in US based steel companies? Selling shows he had zero clue what was about to happen, or am I reading that wrong?
Of course, it was a steel dependent company, not a steel manufacturer. I did read it incorrectly. 3:20am...No because he already held those shares and their value was going to drop after Trumps announcement regarding tariffs. He would have lost millions by holding on to his shares.
I don't think it matters if its an American company or not. Its the global fluctuation on the price of steel and how it would affect various companies in the supply chain that matters. If Icahn knew about Trump's decision then he could be in trouble.
Shots fired near White House North Lawn....
All of those BMW’s are built at the same place. It makes the entire upstate SC economy tick.
The guy is playing with fire.
BMW - SC
Mercedes - Alabama
Volkswagen - Tennessee
All employing thousands of people in “Trump country”. All leading to massive amounts of knock on economic activity employing thousands more people by them being there.
Shots fired near White House North Lawn....
BMW’s North American manufacturing facility is in South Carolina.
I'd expect the market to tank again once all of this is fully digested.
IIRC it's not just North America, there are many SUVs built there for export to other areas too.
US car manufacturers make it impossible to sell their cars by generally being monumentally shit compared to their European counterparts, but okay Donald...
You’re right. It’s the sole manufacturing plant for the X series.IIRC it's not just North America, there are many SUVs built there for export to other areas too.
US car manufacturers make it impossible to sell their cars by generally being monumentally shit compared to their European counterparts, but okay Donald...
Their main issue is that they are set in their ways of building for American attitudes and American roads. I.e Big engines for cheap gas on big straight roads.
Ford do pretty well.