Part 1/10:
Canada's Trade War Escalates as Jeep Abandons $13 Billion Investment
In a dramatic turn of events, the automotive industry and Canadian economy face significant upheaval as Stellantis, the maker of Jeep and Chrysler, announces the abandonment of a $13 billion investment in Ontario—marking it as the largest in Jeep's history. Instead of consolidating production in Canada, the company has decided to reopen and operate shuttered plants in Illinois and Ohio, creating thousands of high-paying manufacturing jobs in the American Rust Belt. This move signals a serious shift in North American automotive manufacturing and highlights the rising tensions in the ongoing trade war.