Transportation

Toyota Faces Biggest Hit From Trump Tariffs Among Automakers

Toyota vehicles at the Port of Long Beach in Long Beach, California.
Photographer: Kyle Grillot/Bloomberg

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By Nicholas Takahashi

May 11, 2025 at 4:00 PM EDT

Updated on

May 11, 2025 at 7:38 PM EDT

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Toyota Motor Corp. is the biggest carmaker in the world — and also the auto industry’s biggest loser when it comes to projected losses from US President Donald Trump’s trade war.