Well, this will be a nail in the coffin for the already struggling Japanese auto industry. Hope they can ride out the next 4 years until we get a more sensible administration.
Wait a few days. He will cancel it after a beautiful talk with somebody.
More on this subject from other reputable sources:
Many Toyotas Hondas and Nissans sold in the US are made in US plants so this will not affect them
Mazda does not produce in the US (edit: except the CX-50) and will be hit hard
Ford, GM and other US makers actually produce a decent amount of their cars in Canada and Mexico.
I assume this affects used car imports as well?
I work in one of the bigger OEMs. If this goes though, only China will be completely immune. Every OEM you ever loved will jack up prices while Chinese cars maintain a more ‘normal’ price range. It’s a big win for the Chinese.
6 comments
Well, this will be a nail in the coffin for the already struggling Japanese auto industry. Hope they can ride out the next 4 years until we get a more sensible administration.
Wait a few days. He will cancel it after a beautiful talk with somebody.
More on this subject from other reputable sources:
—
– Global News (B+): [Carney pledges ‘all in Canada’ auto network amid tariff threats](https://globalnews.ca/news/11098886/donald-trump-tariffs-canada-auto-plan/)
– ABC News (B+): [Trump announces 25% tariffs on imported cars, ratcheting up global trade war](https://abcnews.go.com/Business/trump-announces-new-auto-tariffs-ratcheting-global-trade/story?id=120183740)
– ABC (B): [Trump places 25 per cent tariff on vehicle imports into United States](https://www.abc.net.au/news/2025-03-27/donald-trump-auto-tariffs/105101440)
– Financial Times (A-): [Donald Trump to impose 25% tariff on US auto imports ](https://www.ft.com/content/5c1d34be-301d-4342-9272-e2296d37572c)
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Just for those who don’t know the industry:
Many Toyotas Hondas and Nissans sold in the US are made in US plants so this will not affect them
Mazda does not produce in the US (edit: except the CX-50) and will be hit hard
Ford, GM and other US makers actually produce a decent amount of their cars in Canada and Mexico.
I assume this affects used car imports as well?
I work in one of the bigger OEMs. If this goes though, only China will be completely immune. Every OEM you ever loved will jack up prices while Chinese cars maintain a more ‘normal’ price range. It’s a big win for the Chinese.