Honda warns that doubling US tariffs on Canadian autos to 50% would be catastrophic

Summary

President Donald Trump has threatened to raise tariffs on Canadian vehicles and parts from 25% to 50% if no trade deal is reached between the two countries. Honda has warned that such tariffs would be catastrophic for the auto industry. Investing.com separately reports that a Honda executive said higher tariffs on Canadian imports would be catastrophic.

Timeline

1. Investing.com

   27 Oct 2026, 17:00 UTCSource ↗

   Reports that a Honda executive says higher tariffs on Canadian imports would be catastrophic.

2. CNBC

   27 Oct 2026, 17:35 UTCSource ↗

   Reports that Honda warns a 50% US tariff on Canadian autos would be catastrophic for the auto industry, and that Trump has threatened to double tariffs on Canadian vehicles and parts from 25% to 50% if no trade deal is reached.