Toyota Warns About Trump’s Tariffs Slashing Profit By $9.5 Billion

Written By Lexx Thornton Japan’s Toyota Motor said on Thursday it expected a hit of nearly $10 billion from President Donald Trump’s tariffs on cars imported into the United States, the highest such estimate yet by any company, underscoring growing margin pressures.   The world’s top-selling car maker also cut by 16% its forecast for full-year […]