Popular car brands sound the alarm on the impact of US tariffs
Leaders of these automakers held an emergency meeting to discuss the situation.
Some of the most popular automakers among motorists in the United States, including Honda (HMC) , Toyota (TM) and Subaru, warn that U.S. trade tariffs will eat into their output if they come through next month.
According to a report by Automotive News, Japanese automakers' leaders are anticipating damage to their sector as they scramble to find a solution to mitigate the damage that could be done if 25% tariffs on all auto imports were to take effect on April 2.
