Trump hitting medium and heavy trucks with 25 percent tariff on Nov. 1
- The White House will implement a 25% tariff on medium- and heavy-duty trucks starting on Nov. 1, 2025, aimed at boosting domestic manufacturing and jobs.
- President Donald Trump's proclamation directed the Commerce Department to establish an offset for trucks and auto engines, benefiting some automakers.
- Automakers, including Ford and General Motors, have advocated for tariff relief to aid their operations amidst high import taxes.
- An analysis indicates that U.S. automakers paid $6.45 billion in tariffs on autos and parts from Canada and Mexico by July of this year.
172 Articles
172 Articles
President Donald Trump signed a proclamation with new tariffs of 25% on trucks and 10% on imported buses
Trump's short-term aid 'during this little transition' turns into an automaker rebate running through 2030
President Donald Trump is giving domestic automakers additional relief from tariffs on auto parts, extending what was supposed to have been a short-term rebate until 2030. It’s part of a proclamation Trump signed Friday that also made official a 25% import tax on medium and heavy duty trucks, starting Nov. 1. The action reflected the administration’s efforts to use tariffs to promote American manufacturing while also trying to shield the auto se…
US President Donald Trump signed on Friday a decree imposing 25% customs duties on trucks and 10% on buses and coaches, creating a new category of products affected by sectoral tariffs. ...
The Donald Trump administration formally imposed 25 percent tariffs on imported medium and heavy trucks and their parts, as well as 10 percent on buses, while extending a key exemption for U.S. automakers. President Donald Trump signed on Friday, October 17, a proclamation that will apply the new charges to trucks and buses as of Saturday, November 1, according to senior government officials. Trump had already announced his intention to impose t…
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