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Toyota May Be Losing $1 Million An Hour Due To Trump’s Tariffs
The U.S. has slapped 25% tariffs on auto imports, vehicle parts and steel and aluminum. The Trump administration has provided some trade relief, like reimbursements on vehicle part imports for U.S.-assembled models. But the impact on Toyota is colossal no matter how you look at it.
The automaker’s somber forecast for the fiscal year underscored how quickly fortunes had turned for many companies reckoning ...
Some companies have not spoken out about what tariffs are costing them, but they have announced some changes in the pricing ...
The impact of the Trump administration's auto tariff policy is becoming clearer as Toyota discloses the multi-billion dollar ...
Mazda Motor Co. withheld its annual profit guidance after its short-term future, along with most global carmakers, was ...
Robust demand for hybrids is expected to underpin steady profits at Toyota when the world's top automaker reports annual ...
Ford Motor has hiked prices on three of its Mexico-produced models effective May 2, becoming one of the first major ...
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