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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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