Tag: Ontario
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Honda CANCELLED $15B investment in Canadian EV plants – Blaming Trump’s Tariffs!
Honda's decision to delay a $15 billion financial investment in Ontario, Canada, has actually sent shockwaves through the nation's automobile and electric car (EV) sectors. Revealed throughout an incomes call from Honda's Japan headquarters, the time out is credited to U.S. President Donald Trump's 25% tariffs on Canadian automobile imports and a global downturn in…
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Canada Snags U.S. Auto Industry! Major Companies Flee America to Escape Trump’s Tariffs
Volkswagen and Stellantis are redirecting billions in investments from the U.S. to Canada, driven by increasing U.S. tariffs on steel (from 25% to 50%) and regulatory uncertainties. Volkswagen has actually shelved California production plans, selecting a $4.5 billion gigafactory in St. Thomas, Ontario, leveraging German cell technology and Quebec's lithium and nickel reserves to produce…
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GM SHUTS DOWN In U.S. Over Trump’s Tariffs — White House in Panic! Can Trump Stop The Trade War?
General Motors (GM) announced an unprecedented stop in U.S. production, activated by a $4-5 billion monetary hit from Trump administration tariffs. The shutdown, detailed in a letter to shareholders by CEO Mary Barra, originates from a best storm of rising costs, interrupted supply chains, and collapsing demand. Tariffs on crucial elements like steel, aluminum, and…
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Canada SHUTS The Door to U.S. Automakers and sign Deal with China – BYE BYE TRUMP!
In reaction to U.S. President Donald Trump's 2025 tariffs, which imposed a 25% responsibility on imported vehicles and as much as 115% on Chinese items, Canada deals with a recession as American car manufacturers like GM and Ford close Canadian plants, moving production to the U.S. to prevent costs. This threatens countless tasks in Ontario's…
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Trump’s RAGE EXPLODES as Ontario BETRAYS U.S., Gifts Europe $20B Battery Fortune
Ontario, Canada's economic powerhouse, is leading a strong pivot far from its historical dependence on the United States, driven by intensifying U.S. tariffs on Canadian steel and aluminum, which skyrocketed to 50%. This strategic shift is exemplified by a $20 billion Volkswagen battery plant in St. Thomas, set to produce lithium-ion cells for over 1…
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Canada SHUT DOWN U.S. Battery Export! Europe Seizes $20B Deal – EV
In early 2025, Ontario, Canada, sent shockwaves through North American trade by signing a $20 billion handle Volkswagen for a St. Thomas gigafactory, producing electric vehicle batteries specifically for Europe. This intentional pivot away from the U.S. market indicates an extensive betrayal, triggered by the Trump administration's 50% tariffs on Canadian steel and aluminum. As…