Hey there! Have you heard about Stellantis? It’s a big company that makes cars like Chrysler and Dodge. 🚙
Recently, Stellantis had to close one of its car factories in Windsor, Canada. Why did this happen? It’s because of something called tariffs between Canada and the United States.
What’s a tariff? Think of it like an extra fee or tax that countries add to products they buy and sell from each other. The U.S. decided to put a 25% tariff on cars coming from Canada. That’s a big extra cost!
Because of this, Stellantis found it harder to sell their cars to the U.S., and they had to shut down the Windsor plant. This affected many workers who built those cars.
The Canadian government wasn’t happy about this, so they decided to respond by adding tariffs on cars coming from the U.S. It’s like when someone charges you extra, and you decide to do the same back.
Trade between countries is really important. When countries add tariffs, it can cause problems for businesses and workers. Let’s hope they can solve this issue so everyone can get back to making and driving awesome cars! 🚗✨
Reference(s):
Stellantis shuts Windsor plant after U.S. tariffs hit auto exports
cgtn.com
