Summary: Toyota Motor reported a 180 billion yen ($1.6 billion) hit to operating income in two months due to US tariffs, impacting its full-year results. The company, along with other automakers, is grappling with the effects of trade turmoil, with some pulling earnings forecasts or warning of substantial bottom-line blows. Despite the uncertainty, Toyota predicts an increase in global consolidated sales to 11.2 million units this fiscal year.

Link: https://www.straitstimes.com/business/companies-markets/toyota-sees-1-6-billion-profit-hit-in-two-months-on-tariffs