Trump hitting medium and heavy trucks with 25 percent tariff on Nov. 1
The tariffs aim to protect U.S. manufacturers by imposing 25% duties on imported medium- and heavy-duty trucks and extending auto parts tariff relief until 2030, officials said.
- 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.
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176 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. ...
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