Automakers with plenty of cars on dealer lots have a time advantage as they hone their strategies for passing on President Donald Trump's 25% tariffs, while Toyota's lean inventories could force it to hike customer prices sooner.

The Trump administration is planning to enact a 25% tariff on vehicles imported into the United States, followed later by a similar tariff on auto parts, sparking concerns about the impact on what consumers pay.

The Trump administration’s 25% tariff on foreign-made cars is set to take effect this week and in a weekend interview with NBC News, the president made cle

The tariffs don’t apply to vehicles already on dealer lots, and the supply of these pre-tariff vehicles will last for a month or more depending on the make and model.