Analysis:Toyota and Honda may get stuck with the bill for Trump’s Canada tariffs
Analysts say the levy could force the two automakers to close some Canadian assembly lines and raise costs on more than three-quarters of cars built there.
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7 Articles
The Economic Times
Times of IndiaTrump aims at Canada. Toyota and Honda could pay the bill
Proposed US tariffs could significantly impact Canadian auto production lines. Japanese automakers Toyota and Honda face potential production cuts due to these tariffs. These companies rely heavily on the United States as their largest market. The tariffs may force a major shift in global automotive supply chains. Automakers are now adapting to changing trade policies and competition.
Channel News Asia
PressNewsAgencyAnalysis:Toyota and Honda may get stuck with the bill for Trump’s Canada tariffs
TOKYO, Aug 31 : U.S. President Donald Trump is targeting Ottawa with a proposed 50 per cent tariff on Canadian car imports — but Japan's Toyota and Honda may end up footing the bill.The two Japanese automakers account for more than three-quarters of all cars made in Canada. They could be forced to shutter
Analysis-Toyota and Honda may get stuck with the bill for Trump’s Canada tariffs
By Daniel Leussink and Maki Shiraki TOKYO, Aug 31 (Reuters) - U.S. President Donald Trump is targeting Ottawa with a proposed 50% tariff on Canadian car imports — but Japan's Toyota and Honda may end up footing the bill. The two Japanese automakers acc...
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