Trump announces 25% tariff on medium- and heavy-duty trucks

President Donald Trump said on Monday that his administration will impose a 25% tariff on medium- and heavy-duty trucks next month.  "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%," Trump wrote in a Truth Social post.The U.S. trucking industry is a cornerstone of the national economy, moving roughly 73% of all domestic freight, according to the American Trucking Associations. Around 2 million Americans wo ...