Toyota, the world’s largest automaker, warns about President Trump’s tariffs, cutting full-year operating income forecast to 3.2 trillion yen. US tariffs to impact Toyota by 1.4 trillion yen. Fiscal Q1 operating income fell to 1.17 trillion yen, better than expected. Toyota plans to mitigate tariff effects through cost-cutting and supply chain optimization.

Read more at Yahoo Finance: Toyota slashes 2025 profit guidance, warns of $9.5B tariff hit