Surprise: Trump Could Be Fantastic For Honda And Toyota, Total Disaster For Mazda And VW

If you talk to Japanese automakers in private, without sticking a recorder in their faces, they all seem to be seriously worried about what is going on in Washington. Officially, they try everything not to attract attention, and to avoid the tweeted wrath of President Donald Trump. On closer inspection, maintaining cover might be a smart strategy. This way, Trump hopefully won’t realize too soon that Honda and Toyota could profit from a border tax with Mexico, while Volkswagen would get creamed, as per an analysis by the Swiss bank UBS.

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