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Trump Tariffs To Cost Toyota $1.3 Billion As Japanese Automaker Warns Forecasting Is 'Very Difficult' Amid Uncertainty

Summary

Toyota Motor Corp. has projected a one-fifth decline in operating profit for the fiscal year ending March 2026, citing significant headwinds from President Trump's tariff policies and a stronger yen just one year after posting record earnings.

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Article published on May 8, 2025 by benzinga