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President Trump speaks with General Motors CEO Mary Barra during a meeting with automobile industry leaders at the White House in 2017. Photo: Saul Loeb/AFP via Getty Images

President Trump told the Wall Street Journal that he urged General Motors to stop making cars in China and open a new plant in Ohio to replace the one the company is planning to close. Trump later echoed those remarks while speaking with reporters on his way to a Mississippi rally:

"I was very tough. I spoke with [GM's CEO Mary Barra] when I heard they were closing and I said, 'This country has done a lot for General Motors and you better get back [to Ohio] soon.' ... I have no doubt in a not-too-distant future [GM] will put something else in."
— President Trump speaking with reporters on Monday

Why it matters: At a 2017 Ohio rally, Trump promised residents that manufacturing jobs would be returning to the state, telling the crowd: "Don't move. Don't sell your house." But on Monday, GM announced that it plans to cut 15% of its salaried workforce (roughly 14,700 people) in North America and idle factories in Michigan, Ohio, Maryland and Canada.

Go deeper

Perfect storm brewing for extreme politicians

Data: Axios research; Table: Jacque Schrag/Axios

Redistricting and a flood of departing incumbents are paving the way for more extreme candidates in this year's midterm elections.

Driving the news: At least 19 House districts in 12 states are primed to attract such candidates — hard partisans running in strongly partisan districts — according to an Axios analysis of districts as measured by the Cook Political Report's Partisan Voter Index (PVI).

Updated 3 hours ago - Technology

3D printing's next act: big metal objects

Chief Scientist Andy Bayramian makes modifications to the laser system on Seurat's 3D metal printer. Photo courtesy of Seurat Technologies.

A new metal 3D printing technology could revolutionize the way large industrial products like planes and cars are made, reducing the cost and carbon footprint of mass manufacturing.

Why it matters: 3D printing — also called additive manufacturing — has been used since the 1980s to make small plastic parts and prototypes. Metal printing is newer, and the challenge has been figuring out how to make things like large car parts faster and cheaper than traditional methods.

Updated 5 hours ago - Technology

Mayors see cryptocurrency as a way to address income inequality

Illustration: Sarah Grillo/Axios

At the U.S. Conference of Mayors' meeting in D.C. this week, there's buzz around the idea of giving cryptocurrency accounts to low-income people.

Why it matters: Cities have been experimenting with newfangled ways to address income inequality — like guaranteed income programs — and the latest wave of trials could involve paying benefits or dividends in bitcoin, stablecoin or other digital currencies.