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Honda Executive Warns Higher Canadian Import Tariffs Would Be Catastrophic

Honda Motor’s head of public affairs said a pending US tariff increase on steel and auto imports from Canada, starting January 1, would be “catastrophic” for the industry.

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By David Shepardson and Kalea HallA pending increase in US tariffs on steel and auto imports from Canada starting January 1 would be “catastrophic” for the industry, Honda Motor’s TSE:7267 head of public affairs said on Tuesday.Automakers are closely watching talks between the US, Mexico and Canada…