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World’s biggest carmaker sees 21% profit decline as tariffs take a bite

todayMay 8, 2025 12

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Toyota Motor forecast a 21% profit decline for the current financial year on Thursday, as the strain from US President Donald Trump’s tariffs and an appreciating yen take some of the shine off strong demand for hybrid vehicles.

 Toyota Motor forecast a 21% profit decline for the current financial year on Thursday, as the strain from US President Donald Trump’s tariffs and an appreciating yen take some of the shine off strong demand for hybrid vehicles. Read More Breaking News, Latest News and Videos | CNN 

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