Nissan (NSANY) is considering shifting some of its domestic production of U.S.-bound vehicles to the U.S. as early as the summer, Shuhei Ochiai of Nikkei reports. This is in an attempt to limit the effect of new tariffs introduced by President Donald Trump.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NSANY:
- Trump Weekly: U.S. announces new tariffs, China responds with their own
- Canadian PM says to match U.S. tariffs on passenger vehicles, Bloomberg says
- Trump says tariffs to remain until he determines trade deficit ‘threat’ resolved
- Trump says effective at midnight, 25% tariff imposed on all foreign-made autos
- General Motors (GM) Reports 17% Q1 Sales Growth as Automakers Brace for Trump’s Tariffs