Ford and GM Restructure Amid Tariff Crisis — 400,000 Jobs Gone

Описание: Ford and GM Restructure Amid Tariff Crisis — 400,000 Jobs Gone

Trump’s tariffs were introduced to protect U.S. steel, but three years later, more than 400,000 workers have lost their jobs—while Ford and GM report billions in losses. Once seen as a barrier against foreign dumping, the 50% steel tariffs have instead spiked input costs, triggering layoffs, slashing production, and sending shockwaves through the entire automotive supply chain.

In 2025, Ford reported a $2 billion loss, while GM postponed the release of key vehicle lines. Rising material costs—driven higher by Trump’s tariffs—have added up to $2,000 per vehicle. Smaller manufacturers, dependent on cost-effective U.S. steel, are now shutting down or cutting staff.

At the same time, Canada’s steel industry has gained a global edge. As automakers move production to dodge U.S. tariffs, Canadian steel exports are surging, with Ford and GM shifting key assembly operations north. This transition affects not only factory jobs, but also the economies of American towns long rooted in industrial manufacturing.

We explore:

How Trump’s tariffs have reshaped global steel supply chains
The impact on U.S. workers—especially in the Midwest
Canada’s rise as a steel export powerhouse
The broader economic fallout from 50% tariffs
How Ford, GM, and others are adapting to this uncertain trade landscape

This isn’t just about trade policy—it’s about who stays, who goes, and who gets left behind in a changing industrial age.

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