Volvo Group plans 800 layoffs across Pennsylvania, Maryland due to tariffs

Volvo Group and its subsidiary Mack Trucks are planning to lay off approximately 800 workers across operations in Pennsylvania, Maryland, and Virginia, citing cooling market conditions and uncertainty driven by tariffs implemented by the Trump administration. Company representatives point to a combination of declining freight rates, reduced demand for heavy-duty trucks, and the impact of tariffs on both vehicle parts and market stability as key reasons for the job cuts. The layoffs affect a significant portion of Volvo's U.S.-based workforce and highlight broader struggles in the manufacturing sector, with other companies such as Stellantis and Cleveland-Cliffs also announcing sizable layoffs. Local politicians and labor advocates argue that the tariffs, intended to boost domestic manufacturing, are instead causing economic hardship for workers and communities dependent on these jobs. Analysts estimate thousands of U.S. factory jobs have been lost since the imposition of the tariffs, despite some suggestions that a limited number of jobs could be created. The situation underscores ongoing challenges for U.S. manufacturing amid global trade tensions and shifting regulatory landscapes.