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. [Source]
Publication Date:Origin: nytimes.com
Category: Japan
Topics: tariffs, Trump’s, President, reckoning, companies, turned, fortunes, quickly, underscored, fiscal, forecast, somber, automaker’s, Months, Profits, Billion, Erase, Tariffs, Toyota
Source: https://www.nytimes.com/2025/05/08/business/toyota-earnings-trump-tariffs.html