No deal before the initial July 9 deadline for U.S. "reciprocal" tariffs is expected to pressure Toyota Motor Corp. and other major carmakers to raise prices to offset higher import costs -- a strategy likely to dent demand and further squeeze profits.Japan-U.S. trade talks have made little headway, dashing Japanese carmakers' hopes for a deal to eliminate or lower an additional 25 percent auto tariff by the expiration of a pause on country-specific tariffs, now extended to Aug. 1.Britain and Vietnam are the only countries to have reached a deal with the Trump administration. Japan had soug…READ FULL ARTICLE
