Foreign carmakers threaten to pull cheapest models from US without trade deal

Companies such as Nissan, Hyundai and Toyota are among the few carmakers to offer U.S. consumers new models of small, affordable automobiles after Detroit-based automakers ditched such cars in recent years in favor of SUVs and trucks. Cars like the Honda Civic and Toyota Corolla are made in the U.S., but rely on parts from all three North American countries. President Trump signed the USMCA in 2020 and provided tariff-free treatment to cars built largely with U.S., Mexican or Canadian parts. Trump, however, has upended those supply chains with his second-term automotive levies, which charge a 25% tariff on the…