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Stellantis Layoffs and Plant Shutdowns: Trump Tariffs Strike Hard!

 

Stellantis, the automaker behind Jeep, Chrysler, and Dodge, has announced the temporary layoff of 900 U.S. workers and the halt of production at key plants across North America, including the Windsor Assembly Plant in Canada and the Toluca Assembly Plant in Mexico. This drastic move comes as a direct result of President Trump’s new tariff policies, which impose a 10% baseline levy on all imports and a staggering 25% tariff on automotive imports. The decision is part of a larger fallout from Trump’s “America First” agenda, designed to boost U.S. manufacturing but causing severe disruptions in the global auto industry. Stocks for Stellantis and competitors like General Motors and Tesla have seen sharp declines, reflecting widespread concern. The layoffs have already shattered morale, with unions calling out the decision as unnecessary and destructive, with critics pointing out that it could lead to soaring car prices and even more job losses. The repercussions of this tariff war are beginning to reshape the automotive landscape in ways nobody expected.
https://btcisbtc.blogspot.com/2025/04/stellantis-layoffs-shock-us-workers.html