Recent U.S. tariff measures have rattled the auto sector, with government policies prompting plant shutdowns, job uncertainties, and market volatility. Industry leaders like Ford have denounced these measures, while financial markets have reacted with significant declines, highlighting the wide‐ranging impact on North American manufacturing and trade dynamics.
Doug Ford vows to protect Ontario auto workers as U.S. tariffs destabilize jobs, highlighted by the Stellantis Windsor Assembly Plant's two-week shutdown affecting thousands.
Trump's 25% auto tariff led Stellantis to pause its Windsor plant for two weeks, leaving 4,000 Canadian jobs in doubt. Canada retaliated with tariffs on U.S. cars, highlighting rising trade tensions.
Trump’s tariff plans rattled North American markets, with the S&P/TSX index down over 800 points (3%+) and the Dow dropping 2.6% in early trading.
3 stories from sources in 16.5 hour(s) #economy #finance #us-relations #tariffs #autosector #ontario
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