a check on cnn business now. president trump threatening to cut general motors subsidies after they announced job cuts and the shutting of five facilities in north america. the president tweeted tuesday, very disappointed with general motors and their ceo mary barra for closing plants in ohio, michigan, and maryland. we are now looking at cutting all gm subsidies including fur electric cars. the person familiar with the matter says gm is unaware of federal subsidies it is receiving beyond a $7,500 plug-in tax credit which goes to the consumer not gm. after the threat, gm released a statement saying it remains committed to, quote, maintaining a strong manufacturing presence in the u.s., pointing to more than $22 billion in investments in domestic operations since 2009. gm also said the restructuring announced on monday is aimed at supporting future growth such as driverless and electric vehicles