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Exclusive: Toyota tells US dealers Mexico tariffs could cost suppliers up to US$1 billion

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Toyota Motor Corp has told its U.S. dealers that it estimates tariffs on Mexican imports threatened by President Donald Trump could cost the ...

Toyota Motor Corp has told its U.S. dealers that it estimates tariffs on Mexican imports threatened by President Donald Trump could cost the automaker's major suppliers between US$215 million and US$1.07 billion, according to an email seen by Reuters.

FILE PHOTO: A carrier trailer transports Toyota cars for delivery while queuing at the border customs control to cross into the U.S., at the Otay border crossing in Tijuana, Mexico May 31, 2019. REUTERS/Jorge Duenes

 

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