Read MoreHonda intends to move production of one of its best-selling car models to the U.S. from Mexico in an attempt to avoid potential tariffs, Reuters reported on Monday.
The major automaker decided to shift production of its next-generation Civic hybrid car to Indiana, three anonymous sources told Reuters. The news comes after President Donald Trump on Feb. 1 imposed 25% tariffs on imports from Canada and Mexico alongside 10% tariffs on imported goods from China in an attempt to stop deadly drugs and illegal migrants coming into the U.S. from the countries.
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