GM cuts shift at Canada plant over evolving trade environment [Video]

General Motors said Friday it would reduce the number of shifts at a truck assembly plant in Canada, as US President Donald Trump’s trade war upends the North American auto sector.

The announcement comes a day after the US auto giant said it projected a $4-5 billion hit this year from Trump’s tariffs, despite moves earlier in the week by the president to dampen the blow.

GM’s plant in Oshawa, Ontario “will return to a two-shift operation” from three, “in light of forecasted demand and the evolving trade environment,” the company said in a statement.

“These changes will help support a sustainable manufacturing footprint as GM reorients the Oshawa plant to build more trucks in Canada for Canadian customers,” it added.

It is expected to result in 700 out of 3,000 jobs cut at the plant, according to the auto workers’ union.

“Today’s news from GM is extremely tough for …