Toyota Sees $1.3 Billion Profit Hit in Two Months on Tariffs

(Bloomberg) -- Toyota Motor Corp. said US President Donald Trump’s tariffs will result in a ¥180 billion ($1.3 billion) hit to operating income in just two months, with the Japanese carmaker joining a growing list of companies grappling with the fallout of trade turmoil.Most Read from BloombergThe Battle Over the Fate of Detroit’s Renaissance CenterVail to Borrow Muni Debt to Ease Ski Resort Town Housing CrunchIs Trump’s Plan to Reopen the Notorious Alcatraz Prison Realistic?Iceland Plans for a