Macro Finance
Honda warns 50% Canada auto tariffs would be catastrophic for industry
CNBC Business·October 27, 2026·1 min read
Honda warned that a 50% U.S. tariff on Canadian vehicles and parts would be catastrophic for the industry. President Donald Trump has threatened to double tariffs from 25% to 50% if a trade deal isn't reached, escalating tensions between the two countries.
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