Trump Announces New Heavy Truck Tariffs Amid Rising Global Trade Tensions

Group 1 - President Trump announced a 25% tariff on all heavy trucks manufactured outside the U.S., effective October 1, 2025, aimed at protecting domestic industry [2][9] - Companies like PACCAR Inc. and Daimler Truck Holding could be directly impacted by these protectionist measures [2] - The new tariffs may exacerbate existing trade frictions between the U.S. and China, despite the Chinese Premier's recent call for stable U.S. ties [3][9] Group 2 - Australian miner Lynas Rare Earths Ltd is on track to record its strongest quarter of market gains in nearly a decade, benefiting from escalating US-China trade tensions [4][9] - The financial markets are experiencing significant shifts, with bank reserves at the Federal Reserve falling below $3 trillion, indicating a notable liquidity drain [5][9] Group 3 - Economic growth in EBRD countries is edging higher, but the looming threat of tariffs presents a significant headwind for these emerging economies [6][9]