Toyota cites trends, not Trump tariffs, for $270 price hike in US

Carmaker says increases will apply to autos made from July 1

20250621N Toyota

Toyota plans to absorb the increased costs from tariffs for the time being. (Photo by Azusa Kawakami)

AZUSA KAWAKAMI

NEW YORK -- Toyota Motor will raise prices in the U.S. next month by an average of $270 for Toyota brand vehicles, based on market trends and rival pricing strategies.

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