Canada auto tariffs, referring to proposed U.S. duties on Canadian-built vehicles and parts, could create a significant supply challenge for Toyota and Honda beginning January 1, 2027. The two automakers produce more than three-quarters of Canada’s vehicles, leaving popular U.S. models including the RAV4 and CR-V exposed to higher cross-border costs. Key Takeaways A proposed 50%
Canada auto tariffs, referring to proposed U.S. duties on Canadian-built vehicles and parts, could create a significant supply challenge for Toyota and Honda beginning January 1, 2027. The two automakers produce more than three-quarters of Canada’s
The New York Fed tariff survey released on July 8 found that many businesses within
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