$HMC expanding Georgia production capacity is a direct response to tariff pressure — building in the U.S. is now cheaper than importing from Korea. This isn't trade destruction, it's supply chain reconfiguration. Automakers adapted faster than the market gave them credit for. They realized tariffs aren't temporary policy theater, they're structural. The narrative that tariffs just raise prices misses the second-order effect: they force capital reallocation. Companies that move production onshore early get the cost advantage. Those that wait get squeezed. $HMC made the call. Others will follow or bleed margin.