Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Japanese carmakers slash US prices to offset Trump tariffs
short by / on Thursday, 10 July, 2025
Japanese automakers cut U.S. export prices by 19.4% in June-the steepest drop since 2016-to counter Trump's 25% auto tariffs. Despite rising costs, firms aim to stay competitive, raising concerns over long-term profitability and wage growth. New tariffs on all Japan-South Korea imports take effect on August 1, escalating trade tensions.
read more at Stocktwits