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Toyota slashes 2025 profit guidance, warns of $9.5B tariff hit
The company reported Japanese exports to the US from April through July were hit by a 25% tariff, and now those exports will see a 12.5% tariff hit from August through March (end of the fiscal year). Exports from Canada and Mexico would still be tariffed at 25% from April through March, which includes both autos and parts.
TOKYO (Reuters) -Toyota Motor said on Thursday it would build a new vehicle factory in its namesake city in central Japan to ...
The world's largest automaker said it expects U.S. tariffs to knock its [operating profit by $9.5 billion]( ...
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