What Happened
Tariffs And Emissions Rules Threaten Automotive Manufacturing
The US policy changes are having a profound impact on the automotive industries in Canada and Japan, with potential costs for Japanese carmakers exceeding $40 billion by 2027. Honda Canada’s CEO has warned that US tariffs and the lack of trade protections with China put Canadian auto assembly at risk. Meanwhile, Dana is set to merge with Eaton’s mobility arm in a $5.1 billion deal, reflecting strong demand for auto parts. This news was first reported by Automotive News.