News & Fun in Michigan
Stellantis’ Q1 2025 report reveals a 14% revenue decline due to lower shipments and tariff uncertainties, despite launching new vehicles and seeing growth in hybrids and BEVs. The company aims for recovery while navigating trade tensions and leadership changes.
Governor Whitmer’s address emphasized bipartisan support for Michigan’s reindustrialization amid rising global tensions. She advocated targeted strategies over tariffs, citing the auto industry’s challenges and highlighting initiatives for workforce development and Michigan’s pivotal role in defense and manufacturing.
Michigan’s economy faces significant threats from Trump’s 25% tariffs on Canada and Mexico, primarily impacting the auto industry. Job losses and rising consumer prices are anticipated as businesses brace for economic fallout and potential retaliatory actions.
Farmers across the US and Michigan face rising costs and potential export losses as new tariffs disrupt trade with Canada, Mexico, and China. Michigan Farmers Could Be Hit Hard as Tariffs on Agriculture Threaten Livelihoods Michigan’s agricultural industry faces significant financial …
Michigan industries brace for potential economic fallout as Trump imposes 25% tariffs on imported steel and aluminum, sparking debate among businesses and policymakers. Michigan Businesses Fear Fallout From Trump’s 25% Tariff on Steel and Aluminum LANSING, Mich. — A fresh wave …
Governor Gretchen Whitmer warns that new Trump tariffs could raise prices on groceries, home heating, and cars while threatening Michigan’s auto industry and jobs. Trump Tariffs Could Raise Prices on Everyday Essentials in Michigan LANSING, Mich. — Governor Gretchen Whitmer issued …
Michigan’s agricultural sector faces economic challenges due to new tariffs on imports from Canada, Mexico, and China. With significant export dependencies, the tariffs threaten jobs, raise costs for consumers, and could lead to retaliatory measures, disrupting trade relationships and supply chains.
