Honda profits have tumbled for the first fiscal half of the year through September as United States President Donald Trump’s tariffs weigh on the Japanese car and motorcycle brand.

On Friday, Honda reported that its profit fell by 37 percent.

Tokyo-based Honda Motor Co recorded a 311.8 billion yen ($2bn) profit for April-September, down from 494.6 billion yen ($3.2bn) a year before. Sales over the six months totalled 10.6 trillion yen ($69bn), down 1.5 percent from nearly 10.8 trillion yen ($70.5bn).

Honda lowered its profit projection for the fiscal year through March 2026 to 300 billion yen ($2bn), which would be a decline of 64 percent from 835.8 billion yen ($5.4bn) the year before. It had earlier forecast a 420 billion yen ($2.7bn) annual profit.

Honda, which makes the Accord seda

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