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Tariffs will cost Toyota $9.5 billion in profits this year
Honda, GM and more also say they'll make billions of dollars less than initially expected.
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theguardian.com
Honda quarterly profits drop by half as carmaker feels effects of Trump tariffs
Fall in operating profits also due to losses on electric car sales in US but 50% drop is less than manufacturer estimated
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cnbc.com
Toyota Motor June-quarter profit beats estimates — but drops 11% as U.S. tariffs bite
Toyota Motor reported higher-than-expected operating profit for the June-quarter, even as the auto company grapples with U.S. tariffs.
