Toyota’s Tariff Impact: $1.3 Billion in Profits at Risk in Just Two Months
Introduction Toyota Motor Corporation, one of the world’s largest automakers, faces a potential $1.3 billion profit erosion within two months due to U.S. tariffs on its steel and aluminum components. This sudden blow to the company’s revenue highlights the vulnerabilities of global supply chains and the shifting dynamics of international trade. As the automotive industry … Read more