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Honda supplier rethinks China relationship as trade war bites

Upworthy Monday, 23 June 2025 ()
As the U.S.-China trade war expands into the auto, steel and rare earths sectors, few companies are feeling the pressure more than top Japanese car parts supplier Daido Steel. The supplier to Honda and other major marques is facing a trio of headwinds: a 50% tariff on U.S. imports of steel, a 25%…
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