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Story summary
- Honda Motor Co. expects charges up to ¥2.5 trillion ($15.7 billion).
- Honda will report its first annual loss since 1977.
- The company cites U.S. policy changes, including the expiration of EV tax credits and tariffs, as key factors.
- Honda's projected fiscal-year loss ranges from ¥420 billion to ¥690 billion.
- Honda will announce a revised strategy in May.
