Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months

Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months

The automaker’s somber forecast for the fiscal year underscored how quickly fortunes have turned for many companies reckoning with President Trump’s tariffs.
Car Prices Expected to Rise as Tariffs on Parts Kick In

Car Prices Expected to Rise as Tariffs on Parts Kick In

Tariffs on imported parts will have a broad impact because all vehicles use components made abroad.