US tariffs are reportedly affecting the profits of several automakers, with honda stating that the tariffs will erase $4 billion from its profits. Other companies, including general motors and toyota, have also been impacted, with gm reportedly taking a $1-billion hit and toyota losing $1.3 billion in profits over two months. The tariffs appear to be having a broader impact on the automotive industry, with some companies taking actions to mitigate their effects and others potentially altering their investment plans.