Trump tariffs cost Japanese automakers over 2.4 trillion yen in fiscal 2025

On July 20, 2026, The Japan Times reported that Trump tariffs continue to impact Japanese automakers. Combined costs at six major firms exceeded 2.4 trillion yen in fiscal 2025.

Trump tariffs continue to affect Japanese automakers one year after their introduction.

In fiscal 2025, which ended in March, combined costs at six major firms including Toyota exceeded 2.4 trillion yen.

The figure comes from the latest tally reported by the paper.

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