The car company behind the brands Vauxhall, Jeep and Fiat says US President Donald Trump's tariffs have already cost it €300m (£259.6m, $349.2m). Stellantis said the financial hit was a result of tariffs impacting trade and the company's loss of planned production in its response to the them.

Stellantis said on Monday it expected the hit from restructuring costs and the initial impact of U.S. tariffs to have pushed the carmaker to a 2.3 billion euro ($2.7 billion) loss in the first half of the year.

The Chrysler and Fiat maker said Monday that U.S. tariffs cost it roughly 300 million euros, equivalent to around $350 million, in the first half of the year. That is likely just the start: Chief Fina