Toyota sees $1.3B profit hit from Trump tariffs in 2 months
1. Toyota estimates $1.3 billion loss from Trump's tariffs in April and May. 2. Profit expected to decline by 20% this fiscal year. 3. Operating income expected to drop to 3.8 trillion yen by March 2026. 4. Strong dollar fluctuations and tariffs creating uncertainty for profits. 5. Analysts warn tariffs may increase car prices and worsen consumer sentiment.