Toyota Camry prices to rise by $1800 if Trump enacts 25% tariffs

Although made in Georgetown, Kentucky, the cost of Toyota Camry would rise by $1,800 if President Trump enacts a 25% import tariff on cars and components.

Credit: David Dewhurst Photography

2018 Toyota Camry XSE - front, action, blue

“We are an exemplar of the manufacturing might of America,” Toyota told Bloomberg via email.

“A 25% tariff on automotive imports, which is just a tax on consumers, would increase the cost of every vehicle sold in the country. Even the Toyota Camry, the best-selling car in America, made in Georgetown, Kentucky, would face $1,800 in increased costs.”

The Trump administration has begun investigating whether car and automotive imports are pose a “security threat” to the USA.

Toyota has made an official comment to the Commerce Department, and the Association of Global Automakers says any possible tariffs as “the greatest threat to the U.S. automotive industry at this time.”

Source: Bloomberg

Credit: David Dewhurst Photography

2018 Toyota Camry LE - front, blue



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Joshua Thompson

Joshua Thompson

News editor — Joshua deals with numbers for a living, but cars are his lifelong passion. He loves all, from his dream Stingray through to his first car, a Mercury Tracer.


Toyota Camry prices to rise by $1800 if Trump enacts 25% tariffs