Nissan to cut 20,000 jobs as Trump's tariffs complicate plans to escape its financial crisis

Nissan's latest round of cuts comes months after its attempted merger with Honda fell through.

ANDY BUCHANAN/AFP via Getty Images

• Nissan said it would cut 20,000 jobs and close seven factories on Tuesday.
• The Japanese automaker is mired in a financial crisis and faces a major headache from Trump's tariffs.
• It said tariffs could cost it as much as $3 billion and warned it may shift US models to other markets.

Nissan has announced another round of brutal cost-cutting...