Combined with Daihatsu and Hino, Toyota saw its sales surpass 10.8 million, a 3.7% decrease from 2023 when all four brands sold more than 11 million vehicles combined.

By April 8, the S&P 500 (^GSPC 0.27%)-- which was already down by more than 8% before Trump's announcement -- had slumped to 19% below its peak, just shy of the bear market threshold of 20%.