
Toyota Profit Drops 21% Due to U.S. Tariffs and Yen Issues
According to Toyota Motor Corporation’s recent dismal forecast, operating income for the fiscal year ending March 2026 will drop by 21%. This is due to a number of difficult circumstances, including high tariffs, volatile exchange rates, and rising material prices. U.S. Tariffs Take a Brunt One of the biggest weights on Toyota’s bottom line is…