Sam Fiorani

“have every right to be upset,”

Sam Fiorani · said date not stated · reported 2025-07-24

Sam Fiorani acknowledged the frustrations of domestic automakers regarding the tariff agreement.

“but nobody seems to be in a hurry to negotiate around the last Trump administration’s free trade agreement.”

Sam Fiorani · said date not stated · reported 2025-07-24

Sam Fiorani commented on the pacing of negotiations regarding previous free trade agreements.

“Honda, Toyota, and Nissan still import vehicles from Mexico and Canada, where the current levels of tariffs can be higher than those applied to Japanese imports. Most of the high-volume models from Japanese brands are already produced in North America.”

Sam Fiorani · said date not stated · reported 2025-07-24

Sam Fiorani explained how Japanese automakers also import vehicles from Mexico and Canada.

“There will be negotiations between the U.S. and Canada and Mexico, and it will probably result in tariffs no higher than 15%,”

Sam Fiorani · said date not stated · reported 2025-07-24

Sam Fiorani projected the likely outcome of future trade talks involving Canada and Mexico.