American media: Toyota may become the biggest loser of US automobile tariffs.

According to reports, Toyota Motor Corporation in Japan may become the "biggest loser in the global automotive industry" in the tariff turmoil in the United States. The report believes that Toyota is one of the companies that export the most cars to the United States, and under the impact of the additional tariffs on cars and components imposed by the United States, it is expected to suffer losses far greater than its peers. Toyota has seen a profit decline of $1.2 billion in just the past two months. Although Toyota has not yet announced its annual data, it is estimated that its annual operating profit for the year ending in March 2026 will be only 3.8 trillion yen, far lower than analysts' expectations of 4.7 trillion yen. As the world's largest car manufacturer, Toyota's balance strategy between local production and imports in the United States is being disrupted by tariffs. Despite investing nearly $13.9 billion in the United States to build a battery factory and increase local production, Toyota still needs to import key components for about 1.2 million vehicles produced in Japan each year to meet the production needs of the US market. "Toyota has become a target of the Trump administration, which means that this car manufacturer will have a significant impact on the ongoing US-Japan trade negotiations," Bloomberg said. US President Trump directly named Toyota in his speech in April, saying that its export of "millions of foreign cars" to the United States harms American interests.