A new Section 232 action adds tariffs on imported trucks, buses, and parts, reshaping costs and supply chains across the U.S.
The tariff will apply to the full value of Class 3 to Class 8 trucks that do not qualify for preferential treatment under the ...
Industry analysts said prior tariffs on steel and aluminum raised raw material costs by 9% to 12% and increased Class 8 truck production costs by as much as 24% in 2025. Truck makers and carriers ...
As of Nov. 1, all medium- and heavy-duty trucks and parts headed to the U.S. will get a 25 per cent tariff, while buses will be levied at 10 per cent. While truck and bus making are small industries ...
U.S. President Donald Trump signed the new trade proclamation aboard Air Force One that expands his 25 per cent auto tariffs ...
President Donald Trump has announced that all medium- and heavy-duty trucks weighing over 10,000 lbs, as well as parts for these vehicles, will face a 25% tariff rate starting November 1, despite the ...
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