Live Tariffs latest: Trump escalates threats on China, opens negotiations with others OTC Markets OTCPK - Delayed Quote • USD Honda Motor Co., Ltd. (HNDAF) Follow Compare 8.46 +0.21 +(2.55%) At close: 12:06:00 PM EDT All News Press Releases SEC Filings Honda EVP Aoyama resigns after 'allegation of inappropriate conduct' TOKYO (Reuters) -Honda Motor said on Monday that it had accepted the resignation of Executive Vice President Shinji Aoyama which followed an allegation of inappropriate conduct during a social gathering outside of work hours. Honda did not elaborate on Aoyama's conduct in question, but said CEO Toshihiro Mibe will take a 20% salary cut for two months "in light of the seriousness" of the matter. After an audit committee led an investigation into the allegation, compiled a disciplinary action plan and sought opinions from outside experts, Honda's board was scheduled to make a decision on the disciplinary action. Sheinbaum Touts Her Strong Ties to Trump to Sell CEOs on Mexico (Bloomberg) -- President Claudia Sheinbaum is pitching Mexico as a winner in Donald Trump’s global trade war, arguing that her positive relationship with the US leader has made it a more attractive place to invest.Most Read from BloombergHousing Agency Aims to Relocate Its DC HeadquartersMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLocal Governments Vie for Fired Federal WorkersLondon Clears Final Hurdle for More High-Speed Trains to EuropeWhat Would ‘Transportatio Carmakers Idle Plants, Rethink Prices as Trump’s Tariffs Hit (Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergHousing Agency Aims to Relocate Its DC HeadquartersMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLocal Governments Vie for Fired Federal WorkersLondon Clears Final Hurdle for More High-Speed Trains to EuropeWhat Would ‘Transportation Abundance’ Look Like?Just hours after taking effect, President Donald Trump’s 25% tariffs on imported cars are already reve Trump's auto tariffs: Here's how automakers are responding President Trump's 25% auto tariffs are now in effect. Yahoo Finance Autos Reporter Pras Subramanian takes a closer look at how some of the major automakers are responding. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. US Senate Opposes Tariffs on Canada in Rare Split From Trump (Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLondon Clears Final Hurdle for More High-Speed Trains to EuropeLocal Governments Vie for Fired Federal WorkersWhat Frank Lloyd Wright Learned From the DesertChicago School District Agrees to Minimum 16% Teacher Pay RaiseRepublican senators were forced late Wednesday to do something they’ve avoided: take a publ Analysis-US tariffs upend Japanese carmakers' Mexico gambit - and add to Nissan's woes Japanese automakers have long relied on the "dependable and affordable" appeal of their economy cars to drive U.S. sales, thanks in part to low-cost production in Mexico. Now, U.S. President Donald Trump is turning that business model on its head. Trump has announced 25% tariffs on auto imports that are due to take effect on April 3. U.S. Vehicle Sales Rise in Q1: A Boost Before Trump Tariffs Kick In? U.S. vehicle sales are off to a decent start in 2025 as buyers rush to dealerships ahead of price hikes resulting from Trump's new tariffs on imported cars and parts. Honda global output drops 12% in Jan-Feb Driven lower by sharp decline in Asia. Automakers report stellar sales ahead of Trump's tariffs taking effect The major car companies say sales rose sharply in March, with most reporting double-digit gains. Automakers sold nearly 1.6 million vehicles in the U.S. in March, up 13.6%. Almost all automakers saw a surge in sales of electric vehicles. Top Midday Stories: Ford US Sales Fall 1.3% Year Over Year in Q1; Judge Denies Johnson & Johnson Unit's Bankruptcy Plan The Dow Jones Industrial Average and S&P 500 Index were down in late-morning trading Tuesday, while Honda adds catnip-infused car seats Available to order across the entire Honda line-up from 1 April. Honda fined $632K for violating California Consumer Privacy Act A state enforcement agency said the automaker made customers share excessive personal information with third parties without providing contract terms. Analysis-Why Trump's auto tariffs will hurt his working-class supporters Working-class car buyers will be the hardest hit by U.S. President Donald Trump’s 25% tariff on imported vehicles because almost all low-cost new cars sold in the United States are built elsewhere. Lower-income buyers will suffer another blow from expected hikes in used car prices as demand surges and supply shrinks. New cars priced under $30,000 are already rare as the average new-vehicle price approaches $50,000. Trump Trade: Trump told auto CEOs not to raise prices for tariffs Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly: AUTO TARIFFS: President Trump told CEOs of some of the country’s top automakers during a call earlier this month that the White House would look unfavorably on car prices being raised as a result of tariffs, leaving some of them rattled and worried they would face punishment if they increased pri Lululemon reports Q4 beat, CoreWeave IPO priced at $40: Morning Buzz The major indexes were sharply lower near noon as investors react to the release of key inflation data and recent trade policy developments. The Federal Reserve’s key inflation measure, the core personal consumption expenditures price index, showed a 0.4% increase for the month of February, putting the 12-month inflation rate at a hotter-than-expected 2.8%. Looking to commodities, gold prices are fractionally higher, continuing their rally and bringing the record price to above $3,100. Meanwhile NHTSA Opens Engineering Analysis on 2.2 Million Honda Vehicles on Engine Restart Issues Honda Motor (HMC) vehicles will undergo an engineering analysis by the National Highway Traffic Safe U.S. Automobile Safety Regulator to Investigate Honda Engine Restart Complaints The U.S. automobile safety regulator has opened up an investigation into more than 2 million Honda vehicles over reports that the engine can fail to restart from an idle position. NHTSA opens probe into more than 2 million Honda vehicles over engine restarting concerns Complainants allege the engine fails to restart on its own from a complete stop at a traffic light or road intersection when the Auto Idle Stop function is engaged. In January 2023, Honda released a service bulletin addressing the 'failure to restart' issue in some vehicles and offered a two-stage countermeasure. However, the NHTSA's Office of Defects Investigation has received complaints of AIS failure from consumers who have already implemented the countermeasures. Trump auto tariffs: Winners & losers President Trump's plan to put a 25% levy on vehicles and some parts imported into the US will have a widespread impact on the auto industry. But some are better positioned to weather the storm than others. AutoGuide editorial director Greg Migliore takes a look at some of the winners and losers in the video above. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Trump could announce auto tariffs today, Bloomberg reports President Trump is readying an announcement on auto tariffs as soon as today, Josh Wingrove and Joe Deaux of Bloomberg report, citing people familiar with the matter. Trump told reporters earlier this week that he would detail the auto levies in the coming days, Bloomberg notes. The level and scope of the auto tariffs are not clear, it adds. Publicly traded companies in the space include Ford (F), General Motors (GM), Honda (HMC), Mercedes-Benz (MBGYY), Nissan (NSANY), Stellantis (STLA), Tesla ( Performance Overview Trailing total returns as of 4/7/2025, which may include dividends or other distributions. Benchmark is Nikkei 225 (^N225) Return HNDAF Nikkei 225 (^N225) YTD -14.29% -21.95% 1-Year -30.52% -20.15% 3-Year -0.64% +15.80%