Trump's tariffs could make the Camry $1,800 more expensive, Toyota warns (TM)

Toyota Toyota warns that consumers could pay an additional $1,800 on an American-made Camry under the Trump administration's proposed tariffs. The car company claims price increases would be due to an increased cost of parts used to manufacture the car. Automobile industry leaders have also spoken out in opposition to the proposed 25% tariff, warning of a "carmageddon." In its submission to the U.S. Commerce Department, Toyota wants the government to know it’s a standout business, and that a t...