Trump imposing new 25% large truck tariff starting Nov. 1
George Mihalcea
U.S. President Donald Trump said Monday that all medium- and heavy-duty trucks imported into the United States will face a 25% tariff rate starting Nov. 1, a significant escalation of his effort to protect U.S. companies from foreign competition. Trump last month had said heavy truck imports would face new duties on Oct. 1 on national security grounds, saying the new tariffs were to protect manufacturers from "unfair outside competition" and that the move would benefit companies such as Paccar-
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