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News in English (USA) / 08.05.2025 / 15:00

Toyota Faces Significant Profit Decline Due to Tariffs

Toyota has issued a stark warning regarding its profitability, forecasting a staggering $1.3 billion hit from U.S. tariffs within just two months, leading to an expected full-year profit decline of 21%. Despite reporting booming sales, the largest carmaker in the world remains cautious, highlighting the impact of tariffs and currency fluctuations on its financial outlook. The company anticipates a 35% decrease in net profit for the fiscal year 2025-26, emphasizing the complexity and uncertainty in its earnings forecasts amid ongoing tariff challenges.
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