That comes after a Nikkei Asia report on Thursday that stated that the automakers are "passing some of the expense of U.S. tariffs."

Price increases could hit tableware, motorcycles and assorted children’s products as a result of the Trump administration’s expansion of 50% steel and aluminum tariffs to an additional 400 goods, analysts said. The fresh levies, which took effect on Monday, extended tariffs on the metal products that Trump initially rolled out in March.