Donald Trump Sets New Tariff on Heavy-Duty Trucks: What to Know
Summary
President Donald Trump announced a 25% tariff on imported medium- and heavy-duty trucks. The tariff will start on November 1, after being delayed from the original October 1 date due to concerns from U.S. automakers about possible supply chain issues.Key Facts
- President Donald Trump announced a 25% tariff on imported medium- and heavy-duty trucks.
- The tariff will start on November 1.
- The tariff was originally set to begin on October 1.
- U.S. automakers expressed concerns about supply chain disruptions and increased costs.
- The announcement was made public on Monday.
- The story is ongoing, and more updates will follow.
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