Posted inAutomobiles Banking and Financial Institutions Customs (Tariff) General Motors Honda Motor Co Ltd International Trade and World Market Japan Mazda Motor Corp Mitsubishi Motor Corp Toyota Motor Corp Trump, Donald J United States
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.