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Toyota, world’s biggest carmaker, warns of unprecedented $9.5 billion profit hit from tariffs
Japan’s Toyota Motor said Thursday that it expected a profit hit of nearly $10 billion from President Donald Trump’s tariffs on cars imported into the United States, the highest such estimate yet by any company.
The Japanese automaker estimates that it will lose billions due to the impact of the Trump administration's tariffs.
Major suppliers to Toyota Motor Corp. are assessing price hikes and changes to logistics to mitigate the impact of President ...
Escalating U.S. tariffs under Trump are inflicting billions in losses on the global auto industry, hitting Japan’s Toyota and ...
Auto tariffs haven’t hit new car prices yet, but that’s about to change. Here’s why experts say costs could jump by thousands ...
Toyota Motor Corp. said it hopes for improved ties between the US and Japan, going as far as to call for further tariff reductions a day after President Donald Trump announced a much-awaited trade ...
The auto sector is taking President Trump's tariffs on the chin. Toyota, the world's largest automaker, was the latest to ...
Trump’s tariffs are now in place. Alcohol, a cup of joe, and Toyotas are about to cost a whole lot more - Trump’s tariff rates are the highest the US has seen since the Great Depression ...
Toyota Motor and Honda Motor are expected to report weaker first-quarter earnings this week, as U.S. import tariffs and a ...
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