Why Toyota Motor Stock Is Falling Today
The tariff wars hit the automotive industry, and investors are worried Toyota Motor (NYSE: TM) will be among the casualties.Shares of Toyota traded down 4% at noon ET Thursday as investors tried to work through the ramifications of the latest tariff announcements.Toyota is one of the great success stories of the international auto industry, but the company appears to be in the crosshairs of a new U.S. policy to impose a 25% tariff on imported automobiles and some parts.Continue reading
The tariff wars hit the automotive industry, and investors are worried Toyota Motor (NYSE: TM) will be among the casualties.
Shares of Toyota traded down 4% at noon ET Thursday as investors tried to work through the ramifications of the latest tariff announcements.
Toyota is one of the great success stories of the international auto industry, but the company appears to be in the crosshairs of a new U.S. policy to impose a 25% tariff on imported automobiles and some parts.
