President Donald Trump announced a 25% tariff on all medium and heavy-duty trucks imported into the U.S., effective November 1, 2025. The move follows earlier duties on pharmaceuticals and furniture, aimed at protecting domestic manufacturers.
Trump’s Tariff on Imported Trucks
Mexico, the largest exporter of such trucks to the U.S., may be hit hardest, with companies like Stellantis and Volvo already voicing concerns.
Under USMCA, trucks can avoid tariffs if 64% of their value originates in the U.S. Meanwhile, tariff revenues surged to $31.3 billion in September. Industry players warn of price hikes and supply chain disruptions as trade tensions escalate.
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