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In the midst of the massive economic policy aimed at balancing trade, Honda has announced that it will increase US manufacturing amid the ongoing tariff plan from President Donald Trump. Indeed, the automaker is set to shift its production out of its North American neighbors Canada and Mexico with the move. The decision comes as the Trump administration has enacted sweeping import duties on the automobile industry. Now, the Japanese-based company is responding with hopes of bringing its production into the country issuing the tariffs. The firm is reportedly looking to ensure 90% of US-sold cars are built domestically. JUST IN: Honda to increase manufacturing in the United States, shifting production from Canada and Mexico. — Watcher.Guru (@WatcherGuru) April 15, 2025 Also Read: Trump’s Economic Fix? Why His Tariff Pause Won’t Solve the Crisis Honda Shifts Manufacturing Out of Mexico, Canada: Looks to Sell US-Made Cars The global economy looks to undergo a massive transition over the ne...

The US stock market has gotten off to a shaky start in 2025. However, things took a turn for the worse with the arrival of US President Trump’s Liberation Day economic policy. Indeed, Goldman Sachs has recently said that the Trump tariff plan now puts the US in an ‘event-driven’ bear market. Wall Street rebounded notably to start Tuesday before things plummeted. Specifically, the Dow Jones Index erased 1,400 points gained after the Trump administration announced it would be placing 104% tariffs on China. With many expecting a trade war, experts are not optimistic about what this could mean for investment markets in the short term. Source: The New York Times Also Read: Analyst Explains When the US Stock Market Will Rebound Goldman Sachs Speaks on Trump Tariff-Driven Bear Market of 2025 There is no denying that the US stock market is in a concerning spot just three months into the year. Mega-cap stocks like Nvidia (NVDA) and Tesla (TSLA) had been declining and failed to ...