In a dramatic twist, Stellantis has closed its Windsor plant following a hit from fresh U.S. tariffs on Canadian auto exports. The 25% charge, which took effect on Thursday, April 3, has forced the company to reassess its production strategy amid rising costs and market uncertainties.
Canada is not staying silent. Although it avoided any new tariffs tied to U.S. President Donald Trump’s so-called "liberation day," Washington had already imposed several measures on its neighbor. Now, Canada’s Prime Minister Mark Carney is responding in kind by implementing similar auto tariffs on the U.S., igniting a trade tit-for-tat that is poised to reshape economic dynamics.
This unfolding tariff tussle is capturing the attention of industry insiders, business professionals, and global travelers alike. Stay tuned as new developments may soon steer the future of this high-stakes international trade drama!
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Stellantis shuts Windsor plant after U.S. tariffs hit auto exports
cgtn.com