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Japanese automakers were handed a reprieve when President Donald Trump said he would lower tariffs on Japan to 15% from 25%.
Toyota Motor says US tariff increases would shave almost 10 billion dollars off operating profit for the current fiscal year.
Toyota Motor (NYSE:TM) on Thursday said it expects a $9.5 billion hit from U.S. levies that have rattled the global automotive industry. The world’s biggest carmaker now sees ¥3.2 trillion in ...
U.S. President Donald Trump's tariffs are cleaving Japan Inc, as some big exporters like Toyota Motor slash their profit ...
Toyota, Honda and Nissan forecast big hits to their profits despite a trade deal that cut auto levies to 15 percent. The ...
Japan's largest automaker said Thursday that it expects U.S. tariffs to drag operating profit by 1.4 trillion yen, equivalent to $9.50 billion, for the current fiscal year. Toyota, which is also the ...
June quarter and it lowered its full year earnings forecasts, largely because of President Donald Trump’s tariffs.
Stephany Sarmiento De Moya was in tears on Wednesday as she was trying to process her grandfather’s unexpected and cruel death in Miami-Dade County.
US tariffs prompted Japanese auto giant Toyota on Thursday to cut its annual net profit forecast by 14 percent.
The Japanese carmaker said Thursday that net profit fell 37% from a year earlier to 841.345 billion yen, equivalent to $5.71 billion, for the three months ended June. That beat the estimate of Y775.40 ...
The U.S. has begun officially levying higher taxes on imports from dozens of countries Thursday, four months after President ...
The carmaker reported a drop in first-quarter net profit and cut its annual profit forecast due to U.S. tariffs.