Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months

What impact will the US-UK trade deal have? How are Trump tariffs affecting automakers' profits? Why did the Federal Reserve hold interest rates steady? What caused recent stock drops in major tech firms? How is Trump’s tariff policy impacting consumer prices? Why is Disney investing in a Middle East theme park? What led to layoffs at cybersecurity firm CrowdStrike? How will AI chip export rule changes affect Nvidia? Why is Newark Airport facing major air traffic issues?

Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months

nytimes.com/2025/05/08/business/toyota-earnings-trump-tariffs.html

The automaker’s somber forecast for the fiscal year underscored how quickly fortunes have turned for many companies reckoning with President Trump’s tariffs.

This story appeared on nytimes.com, 2025-05-08 06:29:56.