Toyota reports drop in profit as tariffs hit carmakers
TOKYO (AP) — Toyota this week reported a 7 percent year-on-year drop in profit for April-September as President Donald Trump’s tariffs impacted Japanese automakers. Net profit for the April-September period at Toyota Motor Corp. totaled $11.5 billion, down from $12.4 billion a year earlier. Yet the maker of the Camry sedan and Lexus luxury models [...]