Photo Credit:Fair Use [17 U.S.C. § 107] Economist Steve Rattner points out that US taxpayers are one the hook for price increases.

Who Really Pays for the Trump-Japan Tariff Deal? American EV Buyers Might

24 Jul 2025 | Abstracted from EVWorld.com

American consumers - especially EV buyers - are the real payers in Trump's U.S.-Japan tariff deal, warns economist Steve Rattner. Tariffs on Japanese autos don't hurt Japan; they're passed through higher prices at U.S. dealerships. Even American-made EVs using Japanese parts may see cost increases. Though the deal includes Japanese investments, there's no guarantee of job gains. Increased EV prices could slow clean-tech adoption, underscoring the hidden costs of trade policy.

ADDITIONAL RELATED NEWS LINKS

• Scientists Slam tRump Administration's Climate Report as a 'Mockery'


• Ford Is A Bellwether: Electric Vehicles Are Coming, Despite Policy Shifts By Oil Bought-Off American Presidency


• When It Comes to Self-Driving Tech, Tesla Musked Themselves


• US Administration Unfreezes $5 Billion for EV Chargers with Major Changes


• Donald Trump Is a Bird Killer


• Act of Resistence: The Time Is Right to Switch to an Electric Vehicle


• The US Commercial Rooftop Solar Market Is About To Explode, Federal Tax Credits Or Not


• A Powerful Essay On Renewable Energy Reminds Us How Witheringly Stupid The US Has Become


• Does America's Current Interior Secretary Know What a Battery Is?


• White House Is Trying To Prop Up Coal, Oil, And Gas - But The Economics Of Fossil Fuel Are Failing