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Obama in GM trade row

City A.M. Reporter
US PRESIDENT Barack Obama has stepped into the row about the future of Vauxhall and Opel as anger about General Motors&rsquo; decision to keep its European arm threatens to harm future business deals.<br /><br />Obama is believed to have made an agreement with German chancellor Angela Merkel that she would co-ordinate with the US leader on the future of GM Europe.<br /><br />The American government is the majority shareholder in GM but a spokesman for Merkel said Obama told her he had not been involved in the car maker&rsquo;s decision to scrap the sale of Vauxhall and Opel to Magna and Russian state-owned bank Sberbank .<br /><br />Vladimir Putin, the Russian prime minister, yesterday questioned his country&rsquo;s future business relationship with America. GM&rsquo;s decision has sparked an outcry in Berlin and Moscow, with 50,000 jobs at stake.