In fiscal 2025, which ended in March this year, combined costs from the Trump tariffs at six major Japanese automakers, including industry leader Toyota, exceeded ¥2.4 trillion.
One year on, Trump tariffs continue battering Japan automakers
In fiscal 2025, which ended in March this year, combined costs from the Trump tariffs at six major Japanese automakers, including industry leader Toyota, exceeded ¥2.4 trillion.