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Toyota Motor Corp (NYSE:TM) says that the automaker has recorded an impact of over $4.3 billion due to the war in the Middle East.
Toyota reported a $4.3 billion impact from Middle East war on its financials.
KEY POINTS
- Toyota's 2025-26 operating profit is forecast to decline nearly 22% due to U.S. tariffs.
- U.S. Court of International Trade ruled Trump's 10% global auto tariffs as illegal.
- Toyota expects hybrid vehicle sales to exceed 5 million units this year, mainly in North America and China.
COMPANIES
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