Washington — President Trump on Friday signed a proclamation to impose 25% tariffs on the imports of all medium- and heavy-duty trucks, as well as the parts to make those trucks, and 10% tariffs on all imported buses, such as school buses and city buses.
The president said last month he would impose a 25% tariff rate on all medium- and heavy-duty trucks imported into the U.S., as he seeks to protect U.S. companies from foreign competitors. The tariffs on parts are also meant to discourage vehicle manufacturers from using only foreign materials.
The 25% tariff on all truck imports will apply to all Class 3 to Class 8 vehicles, senior administration officials said on a call with reporters ahead of the signing, speaking on the condition of anonymity. The Trump administration will also