Trump tariffs jolt Asian automakers — Toyota likely set for most pain

1. U.S. announced 25% tariffs on foreign-made cars, impacting Toyota's sales. 2. Toyota shares fell 9.4% post-tariff announcement, indicating investor concern. 3. Asian automakers dominate U.S. market, with Toyota at 1.98 million sales in 2024. 4. Tariff implementation pressures automakers, especially those heavily reliant on U.S. revenue. 5. Shifting production to U.S. isn't feasible, impacting long-term profitability.