Photo: foxbusiness.com
Trump Sets 25% Tariff on Imports of Medium and Heavy-Duty Trucks Starting 2025
President Donald Trump announced a 25% tariff on imports of medium and heavy-duty trucks, effective November 1, 2025, impacting trade dynamics with Mexico and beyond.
- Beginning November 1, 2025, President Donald Trump will impose a 25% tariff on all imports of medium and heavy-duty trucks into the United States.
- The tariff targets trucks classified as medium and heavy duty, a significant category impacting commercial transportation and logistics sectors in the U.S.
- This policy could influence trade relationships, particularly with Mexico, a major exporter of trucks and automotive components to the United States.
Why It Matters
The 25% tariff on medium and heavy-duty trucks could reshape the U.S. automotive market, affect pricing for consumers and businesses, and escalate trade tensions, especially with countries like Mexico.