Former President Donald Trump announced that starting November 1, 2025, a 25% tariff will be imposed on all medium and heavy-duty trucks imported into the United States. This move is part of Trump’s efforts to reshape trade policy and boost domestic manufacturing. The tariff will apply to trucks from any foreign country, with no specified exemptions or affected trading partners mentioned. Companies like General Motors and Ford Motor Company may see impacts on their truck sales due to this new import duty. Stay tuned for updates on this developing story.

Read more at Quiver Quantitative: Trump Imposes 25% Tariff on Imported Trucks Starting November 2025