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Japanese Auto Giant Toyota Forecast for Thursday, 35% annually for current financial year, a 35% discount in net profit between Donald Trump’s vehicle tariffs.
Carmakers is one of the hardest strokes as a result of the US President’s very respected attack on free trade.
On the 25% tariff for finished imported cars, the Trump Office, including Trump Office, and the transmitters, applied a similar task.
Toyota for 2025-26 financial year, which began in April, now forecasts the net profit of 3.1 trillion yen ($ 21.6 billion).
“The approximate influence of the US tariffs in the United States in April and 202,” The world’s best-selling car producer. “
The company’s net profit of the net profit of 4.8 trillion yen from March 31 to 31 to 31, 3.6%, but the forecast of 4.5 trillion yen in February.
From this month, the tariffs estimate that the 2025-2026 annual benefits of the tariffs would affect the melody of 180 billion yen.
The tariffs asked about the long-term effects, Toyota’s President and CEO Koji Sato, the situation of the situation to reporters “is currently difficult to predict,” he said.
“Currently, US tariffs are negotiating between governments and the details are still in liquid,” he said.
SATO, Toyota every year, is exporting 500,000 vehicles from Japan to the United States.
“That is, in a short time we regulate the loadings … We will continue to develop the local development of long-term, local customers.”
However, the company will aim to maintain the production of three million vehicles in Japan every year, and said, “In terms of protecting and exporting supply chains,” he said.
Toyota shares fell 1.3% after the announcement of earnings.
The profit forecasts of the “influence and position” of the car manufacturer are closely monitored in Japan, Bloomberg Intelligence Auto Analyst Tatsuo Yoshida told AFP.
“All country, including Thankens, if Toyota does not benchmark,” would not have a kind of benchmark due to the effects of tariffs.
Automobiles made about 28% of Japanese exports to the United States last year.
Trump moved last month to soften the details of cars at the end of the last month
The president also announced a two-year grace period to return industry supplies chains to the United States.
Toyota sold its crown by 10.8 million vehicles in 2024 as the world’s best-selling car.
“Automatic workers have not changed during the production of production (immediately), Takaki Nakanishi Nakanishi Nakanishi told AFP.
Last month, Trump, the widespread difference between Japanese car exports was a large difference between those who continue to the United States and others.
Toyota, the second largest sold car manufacturer in the United States, last year, 2,3 million vehicles, the leader of the US industry, the total 587 Chevrolets and 449 Cadillac in Japan.
Experts, Japanese narrow roads – many US models and very narrow roads for Japanese cars to prestige the quality and fuel efficiency are the reason for this.
“They do not take our cars, but we take millions of themselves!” Trump, in April, said that Japan accusing his ally in “very weak trade”.
This story was first displayed Fortune.com