
Ingersoll idling, mayors on climate, trade standoff or standstill?
Your World Tonight
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Impact of Trade Tensions and Layoffs
This chapter examines the ramifications of General Motors halting production at its Ingersoll plant, which affects hundreds of families due to layoffs linked to low electric vehicle sales and tariffs. It also explores the broader implications of U.S.-China trade tensions, including tariff increases and their effects on American businesses and consumers, with particular focus on small business hardships. Experts contribute insights into the economic landscape, emphasizing the ongoing uncertainties and challenges facing various industries.
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