Trump Imposes 25% Tariffs on Imported Medium and Heavy Trucks

President Donald Trump announced a 25 percent tariff on medium- and heavy-duty truck imports effective November 1, aiming to protect U.S. manufacturers from foreign competition, particularly benefiting companies like Paccar and Daimler Truck. While the U.S. has trade agreements that set tariffs on light-duty vehicles, the implications for larger vehicles remain unclear, raising concerns among allies like Mexico, the top exporter of these trucks to the U.S.