Shares of Asia's automakers fall as Trump announces 25% tariffs on car imports [MSNBC.com]
Honda Motor Company, Ltd. (HMC)
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Source: MSNBC.com
Japanese automakers Toyota andHondaNissan,Mazda MotorMitsubishi MotorSouth Korea's Kia Motors, which has amanufacturing plant in MexicoThese new tariffs will go into effect April 2. aide Will Scharf explained that the tariffs will apply to "foreign-made cars and light trucks," in addition to existing duties.The full details of the proclamation remain unclear, as most cars consist of parts from various countries.These tariffs are also expected to bring in over $100 billion of new annual revenue to the U.S., Scharf estimated."Every automaker that sells vehicles in the U.S. depends on global supply chains for automotive parts, with many of them coming from China," said Karl Brauer, executive analyst at iSeeCars."That means even if Honda or Toyota assembles a model in the U.S., the parts that come from China will raise the cost of producing those vehicles," he told CNBC via email, adding that these costs will either reduce an automaker's profit or be passed on to consumers in the form of
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HMC
Sec Filings
- 12/16/25 - Form 6-K
- 11/17/25 - Form 6-K
- 11/7/25 - Form 6-K
- HMC's page on the SEC website