Kia's Q2 Profits Plunge Due to US Import Tariffs

Kia, a car company, made less money in the second quarter.

This is because the US put extra taxes, called tariffs, on cars coming from other countries.

This made it more expensive to sell cars.

Although they sold more cars, the company's profits went down.

They plan to sell cars made in the US and cut back on discounts to make more money.

They worry that future issues with trade, other countries, and people buying less stuff might make it harder to sell cars.