Toyota will raise U.S. vehicle prices starting July due to new tariffs from the Trump administration, highlighting trade policy impacts on the auto industry.

Toyota’s updated retail prices reflect increases ranging from Rs. 49,000 to Rs. 600,000, depending on the model and variant.

Toyota is known for its high-quality cars, trucks, and SUVs for a low price, but according to a Reuters report, the company will be raising its prices soon.

June 20 (Reuters) - Japanese carmaker Toyota Motor (7203.T) said on Saturday it will raise prices for some vehicles sold in the United States by an average of $270 starting in July.

However, Toyota’s own comments on tariffs indicate that they may have played a role in this increase, or at the very least will impact future pricing strategies.

While the price increase could be seen as a response to the 25% duties Trump has placed on auto imports, Toyota insists that the move is just part of its regular price review process.

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