Toyota: Trump tariffs will cost $1.3B over two months

thehill.com/business/5290283-toyota-donald-trump-tariff-costs

Toyota on Thursday released a report projecting that President Trump's sweeping tariffs, including automobile import taxes, would result in a $1.3 billion drop in profits for April and May.
Trump earlier this year proposed a 25 percent tariff on foreign vehicles and car parts. Toyota, a…

This story appeared on thehill.com, 2025-05-08 18:11:38.
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