UPDATE 3-Automakers say Trump's threatened Mexico tariffs would cost billions
June 04, 2019 at 15:10 PM EDT
Toyota Motor Corp said on Tuesday that U.S. President Donald Trump's proposal to slap tariffs on Mexican-made goods could cost its major suppliers $1 billion, highlighting growing concern in the U.S. auto sector about the potential damage of a new front in the Trump administration's trade wars.
