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World’s biggest carmaker sees 21% profit decline as tariffs take a bite
cnn.com/2025/05/08/cars/toyota-profit-decline-tariffs-hnk-intl
Toyota Motor forecast a 21% profit decline for the current financial year on Thursday, as the strain from US President Donald Trump’s tariffs and an appreciating yen take some of the shine off strong demand for hybrid vehicles.
The world’s top-selling automaker expects operating income…
This story appeared on cnn.com, 2025-05-08 22:01:39.787000.