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Monday, October 6, 2025

Trump tariffs: US President announces 25% levies on medium, heavy-duty truck imports

US President Donald Trump has announced a significant 25% tariff on all medium and heavy-duty trucks entering the United States, effective November 1, 2025. This move, aimed at bolstering domestic manufacturing and protecting American truck makers from foreign competition, follows a Commerce Department probe into predatory trade practices. The tariff is part of a broader protectionist agenda.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/EbOAIQv

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Tariffs on trial: Small businesses take Trump's latest trade levies back to court

Two groups of small businesses are challenging Donald Trump's latest tariffs in court. These new levies target goods from sixty trading ...