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Automakers May Pay for Trump's Canadian Tariffs

Analysts say the 50% levy could hit Toyota and Honda hardest because they make more than three-quarters of Canada’s cars.

TOKYO — President Donald Trump is targeting Ottawa with a proposed 50% tariff on Canadian car imports — but Japan's Toyota and Honda may end up footing the bill.

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The Billings GazetteThe Billings Gazette
+4 Reposted by 4 other sources
Center

Automakers may pay for Trump's Canadian tariffs

TOKYO — President Donald Trump is targeting Ottawa with a proposed 50% tariff on Canadian car imports — but Japan's Toyota and Honda may end up footing the bill.

·Billings, United States
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The US-Canada trade dispute entered a critical phase after Donald Trump imposed 50% tariffs on Canadian imports for approximately $20 billion. Mark Carney announced an equivalent response, while energy, the automotive industry and foreign exchange markets face new pressures.

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Corvallis Gazette Times broke the news on Saturday, September 5, 2026.
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