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Toyota, world’s biggest carmaker, warns of unprecedented $9.5 billion profit hit from tariffs
Japan’s Toyota Motor said Thursday that it expected a profit hit of nearly $10 billion from President Donald Trump’s tariffs on cars imported into the United States, the highest such estimate yet by any company.
Toyota Motor Corp. lowered its annual guidance as it warned of a ¥1.4 trillion ($9.5 billion) hit to its bottom line from US ...
Auto tariffs haven’t hit new car prices yet, but that’s about to change. Here’s why experts say costs could jump by thousands ...
KSAT reached out to Toyota on Thursday for a statement addressing the impact of the tariffs on its imported vehicles.
Escalating U.S. tariffs under Trump are inflicting billions in losses on the global auto industry, hitting Japan’s Toyota and ...
The Japanese automaker estimates that it will lose billions due to the impact of the Trump administration's tariffs.
Trump’s tariffs are now in place. Alcohol, a cup of joe, and Toyotas are about to cost a whole lot more - Trump’s tariff rates are the highest the US has seen since the Great Depression ...
Toyota Motor and Honda Motor are expected to report weaker first-quarter earnings this week, as U.S. import tariffs and a ...
On Tuesday, industry reports revealed that Korean and Japanese automakers are ramping up competition in India, the world's ...
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