Honda Motor Quarter Profit Bites American Auto Tariff

Japanese auto monster HondaIn the first quarter on Wednesday, the operating profits decreased by 50% over the year, the US auto rates were missing.

Honda’s results are in comparison to the average estimate of LSEG:

• Revenue: 5.34 Trilion Yen Vs. 5.25 trillion yen
• Operating Profit: 244.17 Billion Yen Vs. 323.48 billion yen

Honda’s revenue came to the trillion yen in the first quarter of his financial year ended June, June, June 26, and the LSEG estimated estimates.

LSEG is estimated at 323.48 billion yen, falling to 244.17 billion yen, falling by about 50%.

In response to the American President, Japanese automobile manufacturers began to reduce the prices of vehicles on vehicles. Donald TrumpOf 25% of Rate On imported vehicles, which was implemented on April 3.

Trump last month Declared The new trade agreement with Japan is said to include a 15% lower rate on Japan-made vehicle imports, however, the duration of the change has not been explained.

In June, the export value of Tokyo’s car has dropped by 25.3% a year, although the US has increased by 6.6 per cent from car exports at the same time. Data of Japan’s Trade Ministry??

Automatic export to the United States is the basis of the Japanese economy, which is 28.3% of all shipments in 2024, As a customs date??

Japanese Prime Minister Shigeru Ishiba said on Monday that he would not hesitate to talk to the President Donald Trump To ensure the cut of the US Automobile Rate It is implemented soon.

The main trade negotiation in the country, Royce, left for Washington on Tuesday and tried to pressure Trump to sign the executive order that confirmed the exact date of reduction of vehicle rates.