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Toyota says President Trump's tariffs will cost automaker $1.3 billion

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Summary
Nutrition label

72% Informative

Toyota highlighted the levies' hit to profits at a press briefing on Thursday on its fiscal year which ended March 31, 2025 .

The company said during the briefing that it expects the tariffs to cost it $1.3 billion in April and May alone.

Other industry players have also spelled out the tariffs' effects on businesses and consumers.

VR Score

81

Informative language

83

Neutral language

83

Article tone

formal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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