Toyota faces biggest hit from Trump tariffs among automakers

Quick Summary:

Toyota Motor Corp.is the biggest carmaker in the world—and also the auto industry’s biggest loser when it comes to projected losses from US President Donald Trump’s trade war.

That exposure puts Toyota in the crosshairs of the Trump administration and means the automaker has a lot riding on the outcome of the US-Japan trade negotiations.

The huge tariff hit reflects the company’s decision to hold the line on sticker prices at US dealers and production volumes at its 11 American factories amid the start of bilateral trade negotiations between the US and Japan.

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Article Details

Author / Journalist: BusinessMirror

Category: BusinessStartups

Markets: PhilippinesCanadaJapanMexico

Topics: Trade Tariffs Billion Year Million Vehicles Motor Toyota Japan Auto Production

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-12 @ 11:02:15 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 1091 words

Reading Time: 7 minutes read

Sentences: 40 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 28607142

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 72 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 10 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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