Jeep and Chrysler maker Stellantis on Monday reported that US tariffs have cost the company nearly $350 million as it paused production at its North American plants and lowered shipments of imported vehicles.

In preliminary results released Monday, the Jeep and Chrysler parent said it incurred 300 million ($349 million) in costs from early impacts of new U.S. tariffs. Revenue dropped 13% year over year to 74.