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Trump Tariffs To Cost Toyota $1.3 Billion As Japanese Automaker Warns Forecasting Is 'Very Difficult' Amid Uncertainty
benzinga.com/markets/asia/25/05/45278455/trump-tariffs-to-cost-toyota-1-3-billion-as-japanese-automaker-warns-forecasting-is-very-difficult-a
Toyota Motor Corp. (NYSE:TM) has projected a one-fifth decline in operating profit for the fiscal year ending March 2026, citing significant headwinds from President Donald Trump‘s tariff policies and a stronger yen just one year after posting record earnings.
What Happened: Toyota CEO…
This story appeared on benzinga.com, 2025-05-08 09:06:42.