Trump Just Hammered US Cars With Tariffs - Toyota Says Thanks
Toyota Motor Corp TM just got a market-moving gift – and it came courtesy of U.S. trade policy. After the Donald Trump administration unveiled a new 15% tariff on imported vehicles, Toyota's stock surged 8%. Tariff Math That Favors The Competition Why? Because while Toyota gets away with a flat 15% hike, American automakers like Ford Motor Co F, General Motors Co GM, and Tesla Inc TSLA are staring down a tangled—and far more expensive—tariff mess. Ford and GM aren't just dealing with the vehicle import tari ...