Honda considers moving some Mexico, Canada production to US due to tariffs: report
1. Honda plans to move production to the U.S., increasing local output by 30%. 2. Goals include domestic production for 90% of U.S. sales of CR-V and Civic. 3. Trump's 25% tariffs on imports aim to boost U.S. manufacturing. 4. Competitors like Hyundai are also ramping up U.S. investments. 5. Concerns arise over tariffs increasing vehicle costs and affordability.