Honda reported Friday that its profit for the first fiscal half through September fell 37% 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 311.8 billion yen ($2 billion) profit for April-September, down from 494.6 billion yen a year before.

Sales over the six months totaled 10.6 trillion yen ($69 billion), down 1.5% from nearly 10.8 trillion yen.

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

Japan resumes seafood exports to China

Japan announced 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 told reporters that 6 metric tons (6.6 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 2023.

Beijing announced in June that it would ease the ban and prepare for the resumption of imports, following repeated negotiations between the two sides.