The Trump administration formally imposed 25% tariffs on imported medium and heavy-duty trucks and parts, as well as a 10% duty on buses, while extending a key tariff reprieve for American automakers.
President Donald Trump signed a proclamation Friday hitting trucks and buses with tariffs beginning November 1, according to senior administration officials. Trump previously announced plans to place levies on trucks.
The directive also prolongs through 2030 a tariff discount Trump already provided carmakers that produce and sell completed automobiles in the US, and sets in motion plans to apply the same offset for truck duties. Truck imports that qualify for relief under the US-Canada-Mexico trade agreement will be exempt from the charges, but not buses, the officials told reporters Frid