TOKYO -- Toyota Motor expects a 1.4 trillion yen ($9.5bn) hit to operating profit for the year through March 2026 from the tariff on automobiles imported to the U.S. imposed by U.S. President Donald Trump, it said on Thursday.
Automobiles
Toyota cuts full-year forecast after flagging $9.5bn tariff hit
Auto giant's Q1 net profit falls by 37%, dragged down by levy and stronger yen
A participant looks at a Toyota Tacoma pickup truck at the Colorado Auto Show in Denver on April 17. © AP
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