Higher tariffs on Canadian imports would be ‘catastrophic,’ Honda exec says
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A Honda Motor executive warned on Tuesday that pending U.S. tariff increases on steel and auto imports from Canada would be catastrophic. These tariffs are scheduled to begin on January 1. The executive believes the move would severely impact the industry.
A pending increase in U.S. tariffs on steel and auto imports from Canada starting Jan. 1 would be 'catastrophic' for the industry, a Honda Motor executive said on Tuesday.