Honda Faces Profit Decline Due to Tariffs and Chip Shortages

Reported about 8 hours ago

Honda reported a 37% drop in profit for the first half of the fiscal year, attributing the decline to President Trump's tariffs and unfavorable currency rates, despite record motorcycle sales. The company has reduced its profit forecast for the year amid ongoing production challenges, including a chip shortage exacerbated by recent geopolitical tensions.

Source: YAHOO

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