Trump Tariffs On Canada Will Hit Toyota And Honda Hardest - Jalopnik

A proposed 50% tariff on Canadian car imports, targeted at Ottawa by the Trump administration, could hit Japanese automakers Toyota and Honda the hardest, according to analysis cited in the article. Toyota and Honda together account for more than three-quarters of all cars built in Canada, and analysts say the tariffs—if they start January 1—could force some production lines to close. While a deal is still possible, timing is especially sensitive as Japanese firms face pressure from low-cost Chinese EV competition in regions such as Southeast Asia, Europe, and Latin America. Canadian-built cars made up nearly a quarter of Honda’s U.S. sales and 17% of Toyota’s last year, with the plan doubling levies from the current 25%.