Honda warns 50% Canada auto tariffs would be catastrophic for auto industry
President Donald Trump has threatened to double tariffs on Canadian vehicles and parts from 25% to 50% if a trade deal is not reached between the two…
CNBC reports: President Donald Trump has threatened to double tariffs on Canadian vehicles and parts from 25% to 50% if a trade deal is not reached between the two countries.
This business story centres on Canada. Names and organisations mentioned in the coverage include President Donald Trump and Canadian.
Why it matters
Business and economic news can ripple through prices, jobs, investments and household budgets.
Key details
- Location
- Canada · Americas
- Reported by
- CNBC
- First reported
- Key names
- President Donald Trump, Canadian
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
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