Trump Imposes 25% Tariff on Heavy-Duty Trucks to Protect US Manufacturers
President Trump has announced a 25% tariff on heavy-duty trucks via Truth Social, aiming to safeguard US manufacturers from 'unfair outside competition'. The move follows a Department of Commerce investigation into the impact of truck imports on national security.
The logistics industry, already grappling with staffing shortages and rising diesel costs, now faces additional challenges due to the new levies. The American Trucking Associations (ATA) previously voiced concerns about potential truck tariffs, warning of their impact on the industry.
The tariff, set to come into effect this week, is part of a wider series of duties, including 100% on patented drugs and 50% on kitchen and bathroom cabinets. While intended to help US businesses navigate uncertain financial waters, these tariffs have historically led to higher consumer costs and strained supply chains.
The 25% levy on heavy-duty trucks is expected to increase costs for companies manufacturing or importing 'Chevy' trucks from abroad. Industry figures are likely to push back against the latest levies, following similar opposition in May when the ATA expressed dissent against potential truck tariffs.
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