Toyota Sees $1.3 Billion Profit Hit in Two Months on Tariffs
- Posted on May 8, 2025
- By Bing News
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Toyota Sees $1.3 Billion Profit Hit in Two Months on Tariffs
Toyota Motor Corp. said US President Donald Trump’s tariffs will result in a ¥180 billion ($1.3 billion) hit to operating income in just two months, with the Japanese carmaker joining a growing list of companies grappling with the fallout of trade turmoil.