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Honda warns 50% Canada auto tariffs would be catastrophic for auto industry

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EXECUTIVE SUMMARY

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.

Key Takeaways

  • 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 countries.
  • 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.

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.

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Published originally on CNBC Business

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