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The Economic Times

Top News / The Economic Times

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Trump aims at Canada. Toyota and Honda could pay the bill

Proposed US tariffs could significantly impact Canadian auto production lines. Japanese automakers Toyota and Honda face potential production cuts due to these tariffs. These companies rely heavily on the United States as their largest market. The tariffs may force a major shift in global automotive supply chains. Automakers are now adapting to changing trade policies and competition.

31 Aug 2026 9:24 am