Trump slaps 25% tariffs on heavy trucks imports, starting Oct. 1

Group 1 - U.S. President Donald Trump announced a 25% tariff on imported heavy trucks, effective from October 1, 2025, as part of a strategy to enhance domestic manufacturing [1][2] - The tariff will apply to all heavy trucks manufactured outside the U.S., aimed at protecting domestic manufacturers from unfair competition and addressing national security concerns [2] - This decision is part of a broader tariff initiative that includes 100% duties on pharmaceutical drugs, 50% tariffs on kitchen cabinets, and 30% on upholstered furniture, all set to take effect on the same date [3]