One union president told Newsweek that Trump's tariffs could "devastate" the auto industry in Canada and the U.S.
Canadian Prime Minister Mark Carney vowed to match Trump’s 25% tariffs on vehicle imports. The countermeasures, which apply to vehicles imported to Canada from the U.S. that aren’t compliant with the existing trade agreement among the U.
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Automaker Stellantis is temporarily halting production at a plant in Canada and a plant in Mexico shortly after President Donald Trump announced a 25% tariff on imported vehicles.
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The New Republic on MSNHere’s What Trump’s Tariffs Could Do to the U.S. Auto IndustryThe president claims the measures will help autoworkers. But experts say that’s far from certain—and that they could tank the industry instead.
President Donald Trump has promised to unleash a wave of dollar-for-dollar reciprocal tariffs on nations that he feels are treating the United States unfairly in terms of trade, either through higher tariffs or non-tariff trade barriers.
Stellantis has “paused production” at some of its Canadian and Mexican auto assembly plants due to the newly announced tariffs — and as a result, some US workers will also be temporarily laid off.
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Stellantis will pause operations at its Ontario plant for two weeks, leaving thousands worried about their jobs.
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Asianet Newsable on MSNStellantis Blames Trump’s Tariffs For Temporary US Layoffs, Canada Plant Pauses — Union Says President Will Learn The ‘Hard Way’Automaker Stellantis NV (STLA) announced plans to lay off 900 workers across five of its facilities in the U.S. and temporarily suspend operations at assembly plants in Mexico and Canada due to uncertainty about the Trump administration’s sweeping reciprocal tariffs on Thursday.