Honda Warns Looming US Tariffs on Canadian Imports Would Devastate Auto Sector

Honda Motor executive Jennifer Thomas warned that looming increases in U.S. tariffs on Canadian auto imports starting January 1 would be catastrophic for the North American automotive sector. President Donald Trump has threatened to raise vehicle and parts tariffs to 50% if a trade pact is not reached before year-end. Additional tensions involve Section 232 duties of up to 50% on Canadian steel and 25% on autos, alongside U.S. demands pushing regional content requirements to 82%. Honda emphasized that preserving the trilateral USMCA pact is vital for industrial competitiveness, cross-border supply chains, and future investment plans.