Financial Times

myFT Instant Alert

US economy

Toyota warns profits set to fall 21% as Trump tariffs take their toll

World’s biggest carmaker forecast includes $1.25bn impact from trade levies in April and May

MAY 8, 2025 by David Keohane in Tokyo and Kana Inagaki in London

For more new articles on topics you follow visit your myFT feed

FT Live @ CANNES | 16–19 June 2025

Join the FT as we host a series of exclusive in-person events in Cannes

FT Live will host a number of events against the backdrop of the world’s leading festival for creativity in marketing and communications, FT journalists were joined by global brand leaders, innovators, and cultural voices to explore the forces reshaping the creative economy from AI and influence to entertainment, media, and consumer trends. All of our events are chaired by the team of senior Financial Times journalists covering Cannes, who will provide on-the-ground analysis and expertise as the week unfolds.

Manage the emails you receive in your Contact Preferences

Unsubscribe from myFT Instant Alerts for US economy

Terms & conditions ‌ ‌ ‌ ‌ Privacy Policy ‌ ‌ ‌ ‌ Cookie Policy ‌ ‌ ‌ ‌ View online ‌ ‌ ‌ ‌

You have received this email because you have signed up from the Emails & Alerts page. This email was sent by a company owned by Financial Times Group Limited (FT Group), registered office at Bracken House, 1 Friday Street, London EC4M 9BT. Registered in England and Wales with company number 879531.