01-September-2026
Corporate News
 
Trump aims at Canada. Toyota and Honda could pay the bill
31-Aug-2026

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 account for more than three-quarters of all cars made in Canada. They could be forced to shutter some production lines if the tariffs go into effect on January 1 as proposed, analysts said.

News Source:- https://economictimes.indiatimes.com/news/international/business/trump-aims-at-canada-toyota-and-honda-could-pay-the-bill/articleshow/133641021.cms
 
 
 

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