General Motors has announced a significant reduction in its workforce at its Oshawa plant in Ontario, Canada. In response to new measures implemented due to the 25% tariffs on imports of Canadian cars imposed by U.S. President Donald Trump, the company will cut about 750 of its 3,000 employees.
This is reported by Finway
Impact of Tariffs on Production
The Oshawa plant, which specializes in manufacturing Chevrolet Silverado pickups for the North American market, is transitioning from three shifts to two. As noted by the Canadian public broadcaster
“The facility in Oshawa assembles Chevrolet Silverado pickups for the North American market, but these vehicles are also assembled in the U.S. and Mexico”
, this decision will have serious implications for the entire supply chain.
Reactions from Unions and Government
According to union estimates, in addition to the 750 workers who will be laid off at the plant, around 1,500 more people may lose their jobs in related sectors. It is worth noting that at the end of March, Trump announced the implementation of a 25% tariff on cars not manufactured in the U.S., which took effect on April 3. In response to U.S. actions, Canada also imposed mirror tariffs and will charge 25% on all cars exported from the States that do not comply with the USMCA free trade agreement. Canadian Prime Minister Mark Carney confirmed this information.