Within hours of the imposition of President Trump’s sweeping tariffs against the world, the impact was felt by autoworkers in North America, with the announcement of thousands of layoffs by Stellantis at plants in the United States, Canada and Mexico.
Tag: Automotive Industry
Trump is negotiating with BOTH Russia AND Ukraine for Donbass’ minerals.
Ukraine is nearing a deal to grant the U.S. access to its rare minerals in exchange for continued political and, perhaps, military support, though negotiations face challenges since 40% of these resources are in Russian-occupied territory. With Trump pushing for access to these minerals while also engaging in talks with Russia, Ukraine faces uncertainty over its strategic partnerships as it navigates its war effort and economic future.
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That being said, information about what materials Ukraine has and where they are located presents snags for negotiations. Namely, Ukraine can’t promise access to all its materials when a reported 40% of the minerals are under land currently occupied by Russia.
On top of that, the main motivation for Zelensky agreeing to swap minerals is likely to be in return for military aid from America—which Ukrainian officials say has not been explicitly penciled into the draft.
Despite this, yesterday sources in Kyiv confirmed the terms to share materials—including oil and gas—are almost agreed after months of negotiation.
Related:
Read More »Trump team mulls Mexico “invasion” amid crushing tariff threats
Personal: OMG! I think it’s my dad!
I think that’s my dad at 53 seconds! I took a screenshot and highlighted him! If not, he had a doppelgänger that he worked with! 😹
Read More »Banning Chinese Cars Is Dangerous And Self-Defeating
Banning Chinese Cars Is Dangerous And Self-Defeating
Significantly, the administration is justifying the rule on national security grounds. As Commerce Secretary Gina Raimondo said, “Cars today have cameras, microphones, GPS tracking, and other technologies connected to the internet. It doesn’t take much imagination to understand how a foreign adversary with access to this information could pose a serious risk to both our national security and the privacy of U.S. citizens.”
Meanwhile:
Mozilla: Modern Cars Are A Privacy Shitshow
All 25 car brands we researched earned our *Privacy Not Included warning label — making cars the official worst category of products for privacy that we have ever reviewed.
UAW Stellantis workers protest in the streets from coast to coast
WASHINGTON—Back in the days when Stellantis was Chrysler, there was a sense of camaraderie on the shop floor, veteran Auto Workers say. Not anymore. Not under Stellantis. All they perceive now is corporate greed, satisfying investors, and filling honchos’ pockets with workers’ dollars.
UAW Stellantis workers protest in the streets from coast to coast
02-2024: The UAW Strike Saved Their Shuttered Plant, But the Fight Is Just Beginning
Eight months ago, the idling of the Belvidere Assembly Plant had local United Auto Workers questioning their next steps.
2023: Stellantis commits nearly $5B to Belvidere with new UAW contract
The revival of the Stellantis plant is a stunning reversal of fortunes for Belvidere, Ill. But workers say they won’t rest until they see the concrete being poured.
2022: All Biden’s Green Job Losers
Climate industrial policy is costing 1,350 workers their jobs at a Stellantis plant in Illinois.
Industrial Policy Without Nationalism
Can we expand the state’s role in the economy while diminishing its capacity for war?
US Seeks “Super Weapons” to Reign as Sole Superpower
– The US realizes its window of opportunity following the Cold War to assert itself as sole global superpower is closing (if it hasn’t closed already);
– It seeks to find a way to match or exceed the military capabilities and industrial capacity of both Russia and China through “innovation;”
– The US refuses to recognize the fundamental flaws in its own system as well as the premise upon which it seeks primacy in the first place;
– Start-up companies seeking to out-innovate and/or out-produce China propose unrealistic measures that either won’t work or that China is already employing itself on a much larger scale;
References:
Previously:
US Seeks “Super Weapons” to Reign as Sole Superpower
The US openly declares that it seeks to maintain a monopoly over shaping the “international order” following the Cold War and America’s emergence from it as the sole superpower.
Trump and Biden, Republicans and Democrats all agree: affordable Chinese cars should be banned
Related:
Trump’s attacks on Chinese cars strike a chord — with both parties
“Ohio knows all too well how China illegally subsidizes its companies, putting our workers out of jobs and undermining entire industries from steel to solar manufacturing,” Brown said in a statement. “We can’t wait for China to run this same playbook in the auto industry — we need strong rules, including but not limited to tariffs, to stop a flood of Chinese electric vehicles that threaten Ohio auto jobs.”
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He said the average price gap between a Chinese vehicle and its U.S.-made counterpart ranges from 44 percent to 179 percent. “That is a massive gap,” the executive said. “Tariffs alone aren’t going to take care of that.”
Reuters: Mexico yields to US pressure on incentives for Chinese car makers
He said that such incentives have declined during the government led by President Andrés Manuel López Obrador, who took office in late 2018, although they have been offered to large investors such as Audi.
Hypocrisy, Thy Name is the United States:
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