Trump's tariffs have cost automakers $35 billion [Verge, The]
Toyota Motor Corporation (TM)
US:NYSE Investor Relations:
toyota-global.com/investors
Company Research
Source: Verge, The
Automotive News ran the numbers based on public filings and found that Toyota was the hardest hit, at $9.1b, while Detroit's Big Three paid a total $6.5b. It's unclear how refunds might play out now that the Supreme Court overturned the tariffs as they were originally enacted, but either way that's a lot of cash stuck in limbo that could have gone to hybrid and EV incentives while Trump's Iran disaster continues to spike gas prices.
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Analyst Actions
- 3/4/26 - DZ Bank AG
TM
Sec Filings
- 3/6/26 - Form 6-K
- 3/5/26 - Form 6-K
- 2/25/26 - Form 6-K
- TM's page on the SEC website