Core Viewpoint - The announcement of a 25% duty on imported heavy trucks by the US government has led to a decline in stock prices for major European truck manufacturers, while companies with less reliance on Mexican manufacturing, like Volvo, have seen stock increases. Group 1: Impact of Tariffs - The US plans to impose a 25% duty on imported heavy trucks starting Wednesday, causing Daimler Truck shares to fall by as much as 4.9% and Traton's stock to drop by 3.1% [2] - The truckmakers have faced increasing trade hurdles, including a 15% duty on cars imported from the European Union, affecting companies like Porsche AG and Volkswagen's Audi [4] Group 2: Company-Specific Responses - Daimler Truck generates about 40% of its global sales in the US, with significant exposure to potential disruptions from tariffs due to its operations in Mexico [5] - Traton has already experienced a slump in deliveries and orders due to tariff uncertainty in the US, leading to a reduction in shifts at its International Motors plant in Mexico [6] Group 3: Competitive Positioning - Volvo AB's stock rose by as much as 3.45% as it is better positioned than its peers, relying less on manufacturing in Mexico, with local content of its US trucks between 60% and 70% [3][6] - Volvo stated that it is premature to assess the potential effects of the tariffs without seeing the actual legislative proposal [7]