Paccar is a big winner of Trump's tariff on heavy trucks, but so are some non-U.S. companies

Core Viewpoint - Shares of Paccar Inc. experienced a significant increase as investors reacted positively to President Donald Trump's announcement of a 25% tariff on heavy trucks imported from outside the U.S. [1] Company Summary - Paccar Inc. saw a surge in its stock price following the tariff announcement, indicating strong investor confidence in the company's prospects in the heavy truck market [1]. Industry Summary - The imposition of a 25% tariff on heavy trucks is expected to impact the competitive landscape of the heavy truck industry, potentially benefiting domestic manufacturers like Paccar Inc. [1].