Toyota reports a drop in profit as Trump’s taxes hurt Japanese automakers
05-11-2025 17:51 via ocregister.com

Toyota reports a drop in profit as Trump’s taxes hurt Japanese automakers

By YURI KAGEYAMA, Associated Press Business Writer
TOKYO (AP) — Toyota reported a 7% year-on-year drop in profit for April-September on Wednesday, as U.S. President Donald Trump’s tariffs slammed Japanese automakers.
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