New warnings emerge over potential economic fallout from proposed tariffs on Canadian imports, with industry leaders expressing deep concern over the impact on manufacturing and supply chains. A senior executive from Honda has labeled the measures as "catastrophic," highlighting risks to production and trade relationships. The comments underscore growing tensions between automotive producers and policymakers amid ongoing trade negotiations. Businesses fear disruptions could escalate costs and strain cross-border operations if tariffs are implemented.
Higher tariffs on Canadian imports would be 'catastrophic,' Honda exec says Reuters