TOKYO -- Export prices of U.S.-bound Japanese vehicles dropped in April despite President Donald Trump's tariffs, government figures released Wednesday show, signaling Japanese automakers are absorbing the price increases.
Trump tariffs
Japan's US vehicle export prices fall as Trump tariffs take effect
Carmakers appear to absorb levies with prices down 15% in April
Japan's auto exports in April were down in value but up in unit numbers. (Photo by Tomoki Mera)
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