Tag: investment postponement
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Honda CANCELLED $15B investment in Canadian EV plants – Blaming Trump’s Tariffs!
Honda's decision to delay a $15 billion financial investment in Ontario, Canada, has actually sent shockwaves through the nation's automobile and electric car (EV) sectors. Revealed throughout an incomes call from Honda's Japan headquarters, the time out is credited to U.S. President Donald Trump's 25% tariffs on Canadian automobile imports and a global downturn in…