I did not understand just what Trump was up to with his blatantly absurd Tarrif suggestions. However, threatening an over the top trade war is an excellent way to have all your American corporations scurry back to own real factories inside the USA.
Of course we also have a real beef regarding Mexico as well and that is a massive internal situation which the USA cannot ignore forever.
lots of sparks firing and most is positioning. Bad deals will not happen but it is meant to be uncomfortable.
THE TRUMP EFFECT: Automaker Stellantis Announces Reopening of Illinois Plant – Will Build New Trucks in Detroit
Jan. 22, 2025 10:20 pm
https://www.thegatewaypundit.com/2025/01/trump-effect-automaker-stellantis-announces-reopening-illinois-plant/
Donald Trump has been president for three days and one of the big automakers, Stellantis, is already announcing the reopening of a plant in Illinois which will make new Durango trucks in Detroit.
This is not a coincidence. This is what happens when the United States has a leader who cares about American jobs and building products in America.
This is also a reminder of why so many American union members backed Trump in the 2024 election, even though union leaders backed Kamala Harris.
Do you think this plant would be reopening if Harris had won?
Stellantis responds to Trump’s tariff threat, will restart Illinois plant and build new Durango in Detroit
Big Three automaker Stellantis (STLA) is making a number of US moves in response to the new Trump administration and its focus on building products in America.
In a letter to employees, Stellantis North America COO Antonio Filosa acknowledged that group chairman John Elkann met with Trump ahead of his inauguration and noted Trump’s “enthusiasm” for his strong commitment to the US and growing jobs and the US economy.
Stellantis — which owns Ram, Jeep, Dodge, and other brands — confirmed a number of specific actions it will take to “entail a multibillion-dollar investment in our people, great products, and innovative technology, all here in the US,” Filosa said.
To that end, Stellantis said it would build a new midsize pickup truck at the recently shuttered Belvidere, Ill., assembly plant. Stellantis previously ended production at Belvidere for the Jeep Cherokee SUV, angering UAW representatives and workers. Now Stellantis said it will return approximately 1,500 UAW members to work, a reversal of the move by former CEO Carlos Tavares, who resigned in early December.
Trump is already delivering.
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