US EditionTrump 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.
163 Articles
163 Articles
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…
Trump Approves Expanding Credits for US Auto Production, Issues New 25% Truck Duties
WASHINGTON, Oct 17 (Reuters) – U.S. President Donald Trump on Friday signed orders expanding credits for U.S. auto and engine production and setting new 25% tariffs on imported medium- and heavy-duty trucks and parts starting November 1.
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