Japanese automaker underscores impact of Trump's tariffs on imported vehicles by outlining hefty hit to profits.

Toyota held an earnings press conference, talking about impacts of tariffs by President Trump. The company's earnings look much different from last year.

President Trump’s tariffs will cost Japan's largest carmaker an estimated $1.2 billion for April and May alone. Beyond that, Toyota Chief Executive Koji Sato said Thursday, it was “very difficult to forecast” because details of the tariffs were still fluid,

Long-threatened tariffs from U.S. President Donald Trump have plunged the country into trade wars abroad — all while on-again, off-again new levies continue to escalate uncertainty.

President Trump met with Canada's new Prime Minister, Mark Carney, and discussed tariffs. Despite a friendly tone, Trump emphasized his preference for domestic car production over imports from Canada.

Ford Motor raised prices for three of its popular vehicles, a move that comes as automakers scramble to adjust to President Trump’s tariffs on automobiles and car parts. The higher prices will apply to 2025 models of the Maverick,

Ford price adjustments come just after the auto giant estimated that Trump’s tariff agenda will cost it around $1.5 billion for the entire of 2025.