Live: Lutnick hints Canada, Mexico may not face full 25% tariffs as deadline nears

The proposed tariffs set to be implemented on March 4 could negatively impact the companies that rely heavily on imported materials. This will likely lead to increased costs for U.S. manufacturers, especially in the automotive and construction sectors, creating inflationary pressures.

Honda's decision to shift Civic production to the U.S. may indicate a strategic adjustment in response to tariffs, likely benefiting U.S. operations but could negatively impact costs in the short term. However, as this aligns with U.S. job creation, it may boost investor sentiment towards Honda in the medium to long term.

Increased tariffs on aluminum might not significantly affect beverage companies immediately, as they might adapt by changing packaging. However, in the long run, continued tensions could lead to higher operational costs across the beverage sector, potentially weighing down profits.