Toyota Motor Corp. lowered its annual guidance as it warned of a ¥1.4 trillion ($9.5 billion) hit to its bottom line from US tariffs that have rattled the global automotive industry.

The world’s largest automaker is also the one paying the most in President Trump’s trade war. For the quarter through June, Toyota Motor's bill from higher tariffs was 450 billion yen, equivalent

Toyota is sounding the loudest warning bell yet about tariffs. The automaker said it expected its profits to be $9.5 billion lower this year because of the Trump tariffs on cars imported to the U.S. Other major automakers have also warned of multi-billion dollar hits.