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Toyota Slashes Profit Forecast, Sees $9.5 Billion Tariff Hit
asiafinancial.com/toyota-slashes-profit-forecast-sees-9-5-billion-tariff-hit
Toyota Motor, the world’s biggest carmaker, dropped a bombshell on Thursday, saying it expects that President Donald Trump’s tariffs on imported cars will cost it nearly $10 billion.
The news from the Japanese car giant is the highest estimate yet by any company and is based on Toyota’s…
This story appeared on asiafinancial.com, 2025-08-07 11:22:24.