Trump tariffs

Less than half of impacted manufacturers have been able to raise prices

20260102N Vehicle Imports

Imported Japanese vehicles and auto parts now face a 15% tariff, higher than the previous 2.5% duty. (Photo by Tomoki Mera)

YUMI OKURA and SEIYA OTA

January 3, 2026 05:18 JST

TOKYO — Only about 40% of Japanese automotive parts makers affected by higher U.S. tariffs have been able to raise prices to offset the extra costs, a Nikkei survey shows, highlighting the disadvantages faced by smaller suppliers in a shifting trade landscape.

AloJapan.com