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International Business Times UK
International Business Times UK
Giuliano de Leon

Toyota and Lexus Raise Prices by Up to $270 on New Cars in Response to Trump's Tariffs

Toyota corolla logo inside car on steering wheel. (Credit: Christina Telep/Unsplash)

Toyota has officially joined the growing list of Japanese car manufacturers raising prices in response to the US import tariffs under Donald Trump's administration.

The company confirmed that customers in the US can expect price increases on Toyota and Lexus vehicles as early as July, although the automaker has avoided directly blaming the tariffs for the hike.

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