Presidential Proclamation on Medium- and Heavy-Duty Trucks and Parts, and Buses
10 Articles
10 Articles
CPA Applauds President Trump for Imposing Tariffs on Medium and Heavy-Duty Imported Trucks
Move seen as a critical step to protect U.S. manufacturing, American jobs, and national security WASHINGTON, D.C. — The Coalition for a Prosperous America (CPA) today applauded President Trump’s move to impose tariffs on imports of medium- and heavy-duty vehicles, medium- and heavy-duty vehicle parts, and buses, into the United States following the Department of Commerce’s Section 232 investigation. Th…
Trump issues tariff proclamation with offset incentives on heavy duty trucks and parts
WASHINGTON — Another round of tariffs were announced on Friday when President Donald Trump signed a proclamation invoking Section 232 of the Trade Expansion Act of 1962. That Act was to impose tariffs on imports of medium and heavy-duty vehicles and parts, and buses, “to bolster American industry and protect national security,” according to a White House fact sheet issued with the announcement. The Trump Administration imposed a 25% tariff on im…
America’s Truck Tariffs Just Opened A New Trade Front
The American President cited national security concerns in announcing the tariffs. Makers of medium and heavy-duty vehicles in the US will get a special credit. Most models are imported from Mexico, Japan, Germany, Canada, and Finland. It was only a matter of time. US President Donald Trump has followed through on his promise to hit foreign-made medium- and heavy-duty pickup trucks and parts with 25 percent tariffs. The move is intended to …
President Trump signs proclamation on bus tariffs
(CNN)– Friday, October 17, President Trump signed a proclamation paving the way for higher tariffs on imported trucks, buses, and their parts. It’s a move the White House says is aimed at protecting U.S. manufacturing. Beginning November 1st, the tariff rate for medium, and heavy-duty trucks and truck parts will jump to 25% while buses including school and public transit models will face a 10% rate. The administration says exceptions will apply …
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