General Motors plans to halt production at 3 assembly plants in Canada, Ohio, and Michigan by not allocating new products, Reuters reports. Cost pressures have increased. GM also has said Trump-imposed tariffs on imported steel have cost it $1 billion.

General Motors plans to halt production at 3 assembly plants in Canada, Ohio, and Michigan by not allocating new products, Reuters reports.

Cost pressures have increased. GM also has said Trump-imposed tariffs on imported steel have cost it $1 billion.https://t.co/h2Bzl0DlAM

— Kyle Griffin (@kylegriffin1) November 26, 2018