The global automaker Toyota is grappling with significant challenges stemming from President Trump's trade war, potentially emerging as the foremost victim of the U.S. President's tariff policies. The imposition of tariffs on imported cars and parts has dealt a devastating blow to automakers, with Toyota experiencing a $1.2 billion profit decline in just two months. As the world's top-selling automaker, Toyota anticipates a profit reduction of over 20% in the fiscal year ending March 2026, with operating profits projected to drop to 3.8 trillion yen. This forecast underscores the profound impact of global trade uncertainty on the industry's profitability. Contributing to Toyota's profit woes are factors such as the depreciation of the US dollar against the yen, underperformance in the North American market, and intense competition from local brands in the Chinese market. Moreover, surging raw material prices and labor costs could further compress its profit margins.