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Trump tariffs will solely add to the ache for hard-hit Nissan

Trump tariffs will solely add to the ache for hard-hit Nissan


One of the most important casualties of Donald Trump’s potential tariffs on Mexico and Canada is more likely to be the Japanese automaker that may least afford the ache: Nissan.

While it is unclear whether or not the U.S. President will comply with via along with his promised 25% levies after agreeing to a 30-day pause on Monday, the blowback can be profound for Japan’s No.3 carmaker, which is struggling to show itself round and is in talks to merge with Honda.

The U.S. is the highest market by automobile gross sales for Nissan and larger rivals Toyota and Honda. All three Japanese automakers make a few of their hottest U.S. fashions in both Canada or Mexico. As such, the affect of the tariffs can be vital for all three, analysts and trade consultants say.

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Written by EGN NEWS DESK

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