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Trade War / Tariffs –

  • Honda is reportedly trying to move more of its production from Canada and Mexico to the US. Reuters.
    • “The U.S. was Honda’s biggest market last year, accounting for nearly 40% of global sales. The automaker sold 1.4 million vehicles, including Acura models, in the U.S. last year. It imported about two-fifths of those cars from Canada or Mexico.”
  • Advanced Micro Devices (AMD) said on Tuesday its key processor chips would soon be made at TSMC’s ((TSM) new production site in Arizona, marking the first time that its products will be manufactured in the United States. Reuters.

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