Trump slams Goodyear for a reported ban on MAGA hats. “Get better tires for far less!”
Donald Trump endorsed a boycott of the Goodyear Tire & Rubber Co GT, -1.95% on Wednesday morning over reports that the Akron, Ohio-based company was banning its workers from wearing Make American Great Again attire, but allowing Black Lives Matter gear.
Shares of Goodyear dropped 3.1% in afternoon trading on Wednesday off of the president’s tweet, while shares of rival tire maker Cooper Tire & Rubber Co. CTB, +1.56% and the U.S.-listed stock of Japan-based Bridgestone Corp. BRDCY, +1.08% climbed. iframe.twitter-tweet { width: 100% !important; } iframe.twitter-tweet { width: 100% !important; } When asked whether the president would stop using Goodyear Tires on “The Beast,” White House press secretary Kayleigh McEnany told reporters on Wednesday that “I am not going to comment on security matters.” When asked whether not buying Goodyear Tires is official U.S. policy, she would only say that “the president was talking to his supporters.
iframe.twitter-tweet { width: 100% !important; } This led to Goodyear becoming the top trending topic on Twitter early Wednesday afternoon, along with related terms such as Buy Goodyear, MAGA and #OhioForBiden. iframe.twitter-tweet { width: 100% !important; } “Goodyear has zero tolerance for any forms of harassment or discrimination. To enable a work environment free of those, we ask that associates refrain from workplace expressions in support of political campaigning for any candidate or political party, as well as similar forms of advocacy that fall outside the scope of racial justice and equity issues,” the statement read.
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