Your World Tonight Ingersoll idling, mayors on climate, trade standoff or standstill?
Apr 11, 2025
GM has laid off hundreds at its Ingersoll plant due to sluggish electric van sales, raising concerns over U.S.-China trade tensions and their impact on local jobs. Municipal leaders are pushing for urgent climate action, worried about its absence in the federal election campaign. Meanwhile, the NDP faces potential losses in party status. International negotiations are underway to reduce emissions from cargo ships, and a fresh carbon pricing deal aims to support low-income nations grappling with climate change challenges.
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Ingersoll Plant Closure
- GM's Ingersoll, Ontario plant, producing electric delivery vans, faces temporary closure.
- The closure impacts 450 workers and the local economy, attributed to low demand and tariffs.
Escalating Trade War
- China retaliated against Trump's tariffs with counter-tariffs up to 125%, escalating the trade war.
- Despite this, the White House remains optimistic about reaching a deal, but the EU threatens countermeasures if the U.S. persists.
Trade War Impact
- U.S.-China trade, worth $650 billion, is threatened by increased tariffs, impacting businesses and consumers.
- Canadians might face higher prices on goods transiting through the U.S. or made with Chinese parts.