Curtis S., International President of Milken Institute. On the importance of a ‘permanent’ trade relations between Chin America and China and the importance of his recent visit to Saudi Arabia, where President Donald Trump will also travel soon.
Toyota officials predict the President Donald Trump’s The company will spend $ 1.3 billion in the April and May earnings at the automobile tariff.
According to the automaker, which reported its highest annual annual benefit last year, the new York Times, It is expected on Thursday, the benefit of a decline of about 20% in the current financial year.
The world’s top-bound car manufacturer said that it expects operating income for a total of 3.8 trillion yen ($ 26 billion) in March 2026 a year, which is a 4.8 trillion yen ($ 33 billion) in that year that was over.
CEO Koji Sato said during a media briefing, “Whether these tariffs are permanent, and what will happen, there is nothing that we can decide.”
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Toyota Motor CEO Koji Sato, CFO Yohi Miazaki and Chief Officer Accounting Group Mashelo Yamamoto, participated in a press briefing for their financial results in Tokyo on Thursday. (This is cut / Reuters)
Toyota results also show that tariffs have the ability to hit several fronts simultaneously. While the automaker estimated that in April and May, Levies gave it a cost of 180 billion yen directly, it said that the currency movement would have the largest single impact on its entire year’s forecast on 745 billion yen.
Trump’s tariff and uncertainty around their implications Global trade Weighing the dollar. For Toyota, a weak dollar means less benefit when American earnings are brought home.
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Employees work on the Yaris Car Assembly line at the Toyota Motor Manufacturing France Plant in Onning near Velityes, France on 4 April 2024. (Benoite Tesier / Reuters)
Analysts have Warned that tariff The US and other places can trigger rising prices for buyers, causing a recession in consumer spirit.
The operational benefits for three months through March were almost flat, increased 0.3% to 1.12 trillion yen.
| Langer | Security | Last | Change | Change % |
|---|---|---|---|---|
| Tm | Toyota Motor Corp. | 187.53 | -0.39 |
-0.21% |
The Toyota Motor Corp dealership and a Daihatsu Motor Company dealership is seen on 30 April in Toyota, Achi Province, Japan. (Toru Hanai / Bloomberg / Getty Images)
Christopher Richter, an autos analyst at Brokerage CLSA, said, “Now, things are very Rosie in the US because customers are nervous to buy cars and are running in the market. But if these tariffs are on, you need to increase prices.”
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“Can you increase such sales? I don’t know,” he said.
Reuters contributed to this report.