The Japanese business newspaper claims that Honda plans to increase U.S. vehicle production by as much as 30% over the next two to three years. This decision was triggered by President Trump's 25% levy on imported cars and auto parts into the country, as it aims to produce upwards of 90% of cars sold in the U.S. on home turf.

Honda Canada says it is not planning to move production out of Canada to the U.S., contrary to reports from a Japanese news outlet.