• October 7, 2025

Donald Trump tariffs: US President announces 25% levies on medium, heavy-duty truck imports; effective from November 1 – The Times of India

Donald Trump tariffs: US President announces 25% levies on medium, heavy-duty truck imports; effective from November 1 – The Times of India
Share

File photo: US President Donald Trump

US President Donald Trump on Monday announced a 25% tariff on all medium and heavy-duty trucks imported into the United States, effective November 1, 2025.“Beginning November 1st, 2025, all Medium and Heavy Duty Trucks coming into the United States from other Countries will be Tariffed at the Rate of 25%. Thank you for your attention to this matter!” Trump wrote in a post on his social media platform Truth Social.Trump had earlier indicated that new duties on heavy truck imports would take effect on October 1, but the timeline was pushed back. The new announcement marks the latest step in his broader tariff agenda aimed at boosting domestic manufacturing.

‘U.S. Tariffs Unfair, Actively Working To Resolve Trade Issues’: EAM Jaishankar

As per Bloomberg, the 25% duties are part of Trump’s expanding trade measures designed to “protect domestic industries.” The decision follows a probe launched in April by the US commerce department under Section 232 of the Trade Expansion Act, which allows the government to impose import taxes on goods considered vital to national security. The investigation focused on medium- and heavy-duty trucks weighing over 10,000 pounds and their components, noting that a “small number” of foreign suppliers dominate the market due to “predatory trade practices.”Last month, Trump introduced a series of tariff announcements — including 100% on pharmaceutical products, 50% on kitchen cabinets and bathroom vanities, and 30% on upholstered furniture — set to begin in October. At the time, he said the 25% tariff on heavy trucks would safeguard major American truck manufacturers such as Peterbilt, Kenworth, Freightliner and Mack Trucks.“In order to protect our Great Heavy Truck Manufacturers from unfair outside competition, I will be imposing a 25% Tariff,” Trump wrote then, describing the move as essential to keeping the nation’s truckers “financially healthy and strong” for “national security purposes”.Trump has defended his protectionist measures as a strategy to promote domestic production, despite criticism that higher import duties could increase costs for consumers and businesses.




Source


Share

Related post

Emirates CFO Michael Doersam announces retirement, who’s next in line? | World News – The Times of India

Emirates CFO Michael Doersam announces retirement, who’s next…

Share Emirates faces key leadership shift as Finance Chief retires / Image: file In a move that has…
Stock market today: Nifty50 goes below 25,600; BSE Sensex down over 700 points – The Times of India

Stock market today: Nifty50 goes below 25,600; BSE…

Share Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the equity benchmarks, crashed in…
अमेरिका ने चीन के परमाणु परीक्षण करने का किया था दावा, भड़के ड्रैगन ने किया पलटवार, जानें क्या

अमेरिका ने चीन के परमाणु परीक्षण करने का…

Share<p style="text-align: justify;">चीन ने अमेरिका के उन आरोपों पर जवाब दिया है, जिसमें दावा किया गया था कि…