Ticker: Honda’s profit slips as President Trump’s tariffs take their toll; Japan resumes seafood exports to China
Honda revealed Friday that its profit for the first fiscal half through September fell from the previous year as the damage from President Donald Trump s tariffs offset the lift from solid motorcycle sales Tokyo-based Honda Motor Co recorded a billion yen billion profit for April-September down from billion yen a year before Sales over the six months totaled trillion yen billion down from nearly trillion yen Honda lowered its profit projection for the fiscal year through March to billion yen billion which would be a decline of from billion yen the year before It had earlier forecast a billion yen billion annual profit Japan resumes seafood exports to China Japan revealed Friday that its seafood exports have resumed for the first time since China imposed a ban over the discharge of treated radioactive wastewater from the tsunami-hit Fukushima Daiichi nuclear power plant more than two years ago Chief Cabinet Secretary Minoru Kihara explained reporters that metric tons tons of scallops harvested in Hokkaido were shipped to China on Wednesday the first shipment to that country since Beijing banned all Japanese seafood in August Beijing publicized in June that it would ease the ban and prepare for the resumption of imports following repeated negotiations between the two sides